US EditionTax Haven Data Demonstrate Need for Global Minimum Tax Despite Opposition from Trump Administration
3 Articles
3 Articles
Tax Haven Data Demonstrate Need for Global Minimum Tax Despite Opposition from Trump Administration
American corporations use accounting gimmicks to make profits appear to be earned by subsidiaries in countries or jurisdictions known as tax havens, where they will be taxed very little or not at all, instead of in countries that would meaningfully tax them. This widespread problem could be fixed by Congress enacting legislation to implement a minimum tax on corporations that meets (and preferably exceeds) the standards of the global minimum tax…
China, EU states block Trump's release of revised OECD global minimum tax plan
China and several EU governments have stopped the White House from releasing a revised version of the OECD global minimum tax plan, after they objected to exemptions that would shield large American companies from parts of the regime. The pushback has reopened the threat of President Donald Trump bringing back a “revenge tax” on foreign investment if talks collapse, and it has deepened a dispute that has been brewing for months inside the group …
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
