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A taxing question for multinationals leaves stocks unscathed

A taxing question for multinationals leaves stocks unscathed
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A taxing question for multinationals leaves stocks unscathed

5 Min Read
LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings.
FILE PHOTO: U.S. President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021. REUTERS/Kevin Lamarque//File Photo
The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a push to upend international tax rules. ....

New York , United States , City Of , United Kingdom , Janet Yellen , Thyagaraju Adinarayan , Thomas Torslov , Padraic Halpin , Alexander Smith , Jeff Bezos , Andreas Rees , Joe Biden , Marija Veitmane , Sujata Rao , Ludvig Wier , Paschal Donohoe , Megan Davies , Gabriel Zucman , Libby Cantrill , University Of California , Thomson Reuters Trust Principles , University Of Copenhagen , World Bank , Jp Morgan Private Bank , European Union , Treasury Secretary Janet Yellen ,

ANALYSIS-A taxing question for multinationals leaves stocks unscathed

ANALYSIS-A taxing question for multinationals leaves stocks unscathed
Reuters
5 hrs ago
By Thyagaraju Adinarayan and Sujata Rao
Popular Searches
LONDON, April 8 (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings.
The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a push to upend international tax rules.
Yet stock markets held near record highs, boosted by the near-zero U.S. interest rates as well as a bet that a proposed 21% minimum tax rate, regardless of where companies make their sales, would not be implemented for years. ....

New York , United States , City Of , United Kingdom , Janet Yellen , Thyagaraju Adinarayan , Thomas Torslov , Padraic Halpin , Alexander Smith , Jeff Bezos , Andreas Rees , Joe Biden , Marija Veitmane , Sujata Rao , Ludvig Wier , Paschal Donohoe , Megan Davies , Gabriel Zucman , Libby Cantrill , University Of California , University Of Copenhagen , World Bank , Jp Morgan Private Bank , European Union , Treasury Secretary Janet Yellen , Grace Peters ,

Analysis: A taxing question for multinationals leaves stocks unscathed

5 Min Read
LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings.
FILE PHOTO: U.S. President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021. REUTERS/Kevin Lamarque//File Photo
The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a push to upend international tax rules. ....

New York , United States , City Of , United Kingdom , Janet Yellen , Thyagaraju Adinarayan , Thomas Torslov , Padraic Halpin , Alexander Smith , Jeff Bezos , Andreas Rees , Joe Biden , Marija Veitmane , Sujata Rao , Ludvig Wier , Paschal Donohoe , Megan Davies , Gabriel Zucman , Libby Cantrill , University Of California , Thomson Reuters Trust Principles , University Of Copenhagen , World Bank , Jp Morgan Private Bank , European Union , Treasury Secretary Janet Yellen ,

A taxing question for multinationals leaves stocks unscathed

A taxing question for multinationals leaves stocks unscathed
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

New York , United States , City Of , United Kingdom , Janet Yellen , Thyagaraju Adinarayan , Thomas Torslov , Padraic Halpin , Alexander Smith , Jeff Bezos , Andreas Rees , Joe Biden , Marija Veitmane , Sujata Rao , Ludvig Wier , Paschal Donohoe , Megan Davies , Gabriel Zucman , Libby Cantrill , University Of California , Thomson Reuters Trust Principles , University Of Copenhagen , World Bank , Jp Morgan Private Bank , European Union , Treasury Secretary Janet Yellen ,