International taxes

The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

The world’s richest nations have set the stage for a revolution in corporate taxation, but they still have their work cut out to actually achieve that overhaul.

Stripe Tax helps businesses automatically calculate and collect sales tax, value added tax, and goods and services tax in more than 30 countries.

Working remotely from abroad could bring some thorny tax problems.

The leaders of the biggest Western economies are expected to endorse a plan that focuses on super-wealthy individuals and businesses.

Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.

Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.

A tax deal between the world’s richest countries brings global governments a step closer to clawing back some power from technology giants that have used century-old regimes to build up wealth eclipsing the economies of most nations.

Small countries, including Ireland, have expressed concern about a global deal that could undermine their efforts to attract multinationals.

The club of rich nations secured a landmark deal that could help them collect more taxes and impose levies on U.S. tech giants such as Amazon and Facebook.

Group of Seven governments are nearing a deal to pursue a minimum corporate tax rate of at least 15% in international negotiations, but remain at odds over how to treat global technology companies.

The American Jobs Plan would take taxes on GILTI through the roof.

This week’s finance ministers’ meeting may help lead to a broader deal in July or October.

European officials are considering a proposal from the Biden administration to make companies with at least $20 billion in annual revenue pay more of their tax bill in places they operate, while being less enthused that the U.S. offer would limit levies to just 100 firms.

A GAO report finds that the regulations were burdensome for multinational companies, even though they saved through lower tax rates.

A full global deal to overhaul taxation rules may not be achieved until October, said the chief of the OECD.

The Group of Seven meeting of finance officials in London next week must strike an agreement to corral the rest of the world into changing how much tax multinationals pay and where, French minister Bruno Le Maire said Thursday.

Finance ministers are due to begin meeting this week to home in on an accord that might feature both a minimum rate and encompass digital giants.

A U.S. proposal for a global minimum corporate tax of at least 15% met with an enthusiastic reception in Europe, bringing the world closer to a deal on sweeping changes to how much multinationals pay, and to which governments.