Search result for Corporate tax
G7 COUNTRIES PLANNING TO IMPOSE MORE TAX ON BIG TECH FIRMS IN US
Highlights
• G7 countries have a vision of a global tax rate of at least 15 percent on the tech companies
• Meanwhile, this report comes at a time when the American President has already been pressing to raise the corporate tax rate
The Uni...
GERMANY WARMLY WELCOMES US PROPOSAL CALLING FOR A 15% GLOBAL MINIMUM TAX RATE
Highlights
• While the corporate tax rate in the United States currently is 21 percent, the President Joe Biden is planning to raise it to 28 percent
• German Finance Minister Olaf Scholz welcomed the US move and said “This is really a big process. I am now, at...