Tag: National taxes
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a...
Leak of billionaires’ tax data draws GOP outcry over privacy
WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...
ProPublica: Many of the uber-rich pay next to no income tax
WASHINGTON — The rich really are different from you and me: They’re better at dodging the tax man.
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EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens?
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UK Treasury chief optimistic on tax deal targeting big tech
LONDON — Britain’s Treasury chief says he’s optimistic the world’s richest countries will agree on a plan to tax internet companies and other multinationals...
Biden tax proposal in focus at Group of 7 ministers’ meeting
FRANKFURT, Germany — U.S. President Joe Biden's proposals for deterring tax avoidance by multinational companies will be a major theme Friday when finance ministers...
Germany welcomes EU tax transparency deal for big companies
BERLIN — Germany's finance minister on Wednesday welcomed an agreement requiring large companies in the European Union to reveal how much tax they paid...
OECD head says Biden’s global tax proposal is a game changer
FRANKFURT, Germany — The new head of the Organization for Economic Cooperation and Development said Tuesday that he is “quietly optimistic” about reaching an...
Ex-banker convicted in massive German tax evasion scheme
BERLIN — A court in Germany convicted a former private banker of five counts of tax evasion Tuesday in a case linked to a...
Social spending, business tax hike drive $6T Biden budget
WASHINGTON — President Joe Biden's $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of...