Corporate taxes

Resistance continues against a levy that divides the region’s governments and threatens to fragment its single market.

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas.

The long-shot change, if enacted, could cause the Republican-championed tax cut to unravel.

The initiative was opposed by the mayor and divided leaders of the city’s booming technology industry.

French Finance Minister Bruno Le Maire’s efforts to rally his European Union colleagues around a new tax on tech giants fell short.

Finance ministers are trying to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.

What if it could help close the ‘opportunity gap’?

The U.K. just joined a growing array of countries telling Big Tech it’s time to pay up.

Alphabet, Facebook and Amazon are among the U.S.-based multinationals facing the new levy.

Tax reform’s broader base and reduced rates may rescue the CIT.