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Global Corporate Taxes Face 'Revolution' After U.S. Turnaround


Global Corporate Taxes Face ‘Revolution’ After U.S. Turnaround
This content was published on April 9, 2021 - 04:00
April 9, 2021 - 04:00
(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 Yellen’s proposals suggest a good start in shifting what’s 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. ....

United States , France General , Pierre Gramegna , Janet Yellen , Bruno Le Maire , Donald Trump , Gabriel Felbermayr , Joe Biden , Le Maire , Robert Danon , Christian Frey , Pascal Saint Amans , Germany Kiel Institute For The World Economy , University Of Lausanne , Organization For Economic Cooperation , International Firms , Treasury Secretary Janet Yellen , Economic Cooperation , Finance Minister Bruno Le Maire , Permanent Scientific Committee , International Fiscal , Finance Minister Pierre Gramegna , Tax Compromise Targeting , Kiel Institute , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் ,