In our increasingly interconnected world, where professional and personal lives often span multiple countries, the prospect of being taxed twice on the same income looms large. Whether you’re a ...
WASHINGTON (AP) — U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development. The OECD ...
The global tax deal’s main aim was to stop multinational corporations like Apple Inc. and Microsoft Corp. from shifting ...
WASHINGTON, April 30 (Reuters) - Treasury Secretary Janet Yellen on Tuesday defended a global corporate tax deal against Republicans' accusations that it would siphon away U.S. revenues and said she ...
Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. The global digital economy is entering a critical period—as the ...
As the 2026 US tax filing season approaches, its significance extends far beyond the borders of the United States. While many associate tax season with domestic deadlines, deductions, and refunds, the ...
PARIS — More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ensure big ...
In this episode of Tax Notes Talk, Tax Notes chief correspondent Stephanie Soong discusses how the Trump administration’s tax priorities have been shaping negotiations on the OECD’s two-pillar project ...
Every year, multinational corporations divert some $1.38 trillion in profits away from the countries where they were made to places with much lower, or even zero, corporate tax rates. And while much ...
In our new socialist age, the demand to tax and redistribute income is insatiable. The latest brainstorm arrives in a proposal by four countries in the G-20 group of nations to impose a 2% wealth tax ...