TAYLOR, Texas — The shortage of computer chips has zapped energy from the global economy, punishing industries as varied as automakers and medical device manufacturers and contributing to fears about […]
Corporate Taxes
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Back to news homePastries and Persuasion: How a Global Tax Deal Got Done
Mr. Grinberg, a tax law professor at Georgetown University who worked in the Treasury Department during the Bush and Obama administrations, was initially viewed with skepticism by some progressives, who […]
Global Tax Agreement Will Set 15% Minimum Rate
More than 130 nations agreed on Friday to a sweeping overhaul of international tax rules, with officials backing a 15 percent global minimum tax and other changes aimed at cracking […]
A Global Deal Aimed at Ending Tax Havens Gains Momentum
People with knowledge of the negotiations said that while the 15 percent rate was essentially a done deal, some of the world’s biggest countries continued to battle for exemptions to […]
How Accounting Giants Craft Favorable Tax Rules From Inside Government
This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials […]
In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.
“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the […]
Global Tax Overhaul Gains Steam as G20 Backs New Levies
Absent unanimous approval among the members of the European Union, an accord would stall. Establishing a minimum tax would require an E.U. directive, and directives require backing by all 28 […]
Finance Ministers Meet in Venice to Finalize Global Tax Agreement
“It is important to recognize that there are numerous policy levers and paths that countries will take to create incentives for decarbonization,” Ms. Yellen said during a panel discussion. “Those […]
Ireland’s Days as a Tax Haven May Be Ending, but Not Without a Fight
On the crowded waterside quay of Dublin’s Silicon Docks neighborhood, Google’s European headquarters tower above the skyline. Facebook and Twitter are neighbors. The European bases of Apple, Pfizer and hundreds […]
U.S. Proposal for Global Minimum Tax Gets Backing From 130 Countries
Breezy Caribbean island tax havens also declined to sign on, including Barbados, Saint Vincent and the Grenadines. Hungary and Estonia, which are keen to preserve their ultralow tax regimes, joined […]