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Global Minimum Tax Pact Ups Chance of Multinational Tax Hike by 2023 | Hellenic Shipping News Worldwide

The ability of 136 countries, representing more than 90% of worldwide GDP, to agree on a uniform 15% global minimum tax illustrates the interest among world leaders in limiting tax avoidance by multinational companies, says Fitch Ratings. The multilateral agreement reached last week is expected to become effective in 2023. A higher marginal tax rate . ....

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TAX TAKE: Do Proposals To Improve Tax Enforcement Score? - Tax

TAX TAKE: Do Proposals To Improve Tax Enforcement Score? - Tax
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TAX TAKE: Do Proposals Improve Tax Enforcement Score? - Tax

Among the revenue offsets contained in the Made In America Tax Plan to fund infrastructure efforts is a proposal to invest in tax enforcement against corporations ....

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Funding Biden's Infrastructure Plan: Should Users or Corporations Pay?

After determining the size and scope of President Biden's infrastructure package, the next biggest challenge is determining how to pay for it. The partisan divide is steep, but Roll Call exposes division within the Democrats' ranks. ....

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Things De-Spac'ed Companies Should Know About Made in America Tax Plan

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Five Things a Cfo of A Recently De-Spac’ed Company Should Know About the Biden Made in America Tax Plan
Thursday, May 20, 2021
CFOs of recently de-SPAC’ed and newly public companies face significant challenges. High on the list is the recently released Made in America Tax Plan, through which the Biden administration proposed significant changes to the US corporate tax system. More details on President Biden’s proposed tax changes are expected at the end of May. In addition, uncertainties regarding potential effective dates of the proposed tax changes should be addressed as the plan progresses through the legislative process. ....

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