Global Corporate Taxes Face âRevolutionâ After U.S. Shift
This content was published on April 9, 2021 - 14:56
April 9, 2021 - 14:56
(Bloomberg)
A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses if only the rest of the world can agree.
Welcoming noises in Europe to Treasury Secretary Janet Yellenâs proposals suggest a good start in shifting whatâs been a years-long impasse among more than 135 countries over harmonizing corporate taxes. At stake is shoring up cash-strapped finance ministries bankrolling massive Covid-19 crisis spending.
Merkel s multi-billion euro nightmare: Germany trade plummets due to Brexit | World | News express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.
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Demands for new sanctions against Moscow are raised in Berlin: “We want regime change.”
Among Germany’s ruling elites, demands for imposing new sanctions on Moscow and stirring up Russia’s younger generation are increasing. “The objectives we have in relationship to Russia are very big” explained Gabriel Felbermayr, President of the Kiel Institute for the World Economy (IfW), “we want … regime change.” The recent protests by the Russian dissident Alexey Navalny’s followers, which had been coordinated from Berlin, were not enough to endanger “the regime’s stability,” according to the German Institute for International and Security Affairs (SWP). One could, however, count on the young generation (“generation Putin”) that includes many young people, who are very critical of the government, an assistant of the Green Party-affiliated Heinrich-Böll-Foundation suggests
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The reporting was based on the British Integrity Initiative’s internal files which some ‘anonymous’ organization had acquired and published.
Data acquired from Britain’s Foreign and Commonwealth Office by the same group revealed large British propaganda programs in support of Jihadis in Syria as well as British influence operations designed to undermine the security institutions of Lebanon and to secretly influence its population.
Now another large set of files has been published by the same source. These describe an extensive British government program designed to undermine Russia by organizing and financing ‘independent’ Russian language media, by ‘training’ Russian journalists and by secretly paying Russian influencers. It is certainly not the only British anti-Russia program but it probably has, secretly, the most public influence.