Who Could Pay More With a 15% Corporate Minimum Tax?
This post was originally published on this siteDemocrats want the biggest U.S. companies to pay at least 15% of profits in taxes. Amazon, Pfizer and dozens more S&P 500 firms reported tax rates lower than that last year.
US Senate Democrats unveil billionaires’ tax to fund Biden agenda
This post was originally published on this site Pushing past skeptics, Senate Democrats on Wednesday unveiled a new billionaires’ tax proposal, an entirely new entry in the tax code designed to help pay for President Joe Biden’s sweeping domestic policy package and edge his party closer to an overall agreement....
Yellen says ‘confident’ US will implement global minimum tax
This post was originally published on this site US Treasury Secretary Janet Yellen said Sunday she was “confident” Congress would pass legislation to implement a global tax agreement in the United States enacting a minimum international tax on big corporations. The OECD-brokered deal, which sets a global tax of 15...
