Showing 13 to 24 of 31 results
Silicon Six Underpaid $278 Billion in US Corporate Taxes
The Silicon Six underpaid US corporate income taxes by $278 billion over the past decade, averaging 18.8% compared to the 29.7% statutory rate, due to aggressive tax practices and lobbying, according to the Fair Tax Foundation.
Silicon Six Underpaid $278 Billion in US Corporate Taxes
The Silicon Six underpaid US corporate income taxes by $278 billion over the past decade, averaging 18.8% compared to the 29.7% statutory rate, due to aggressive tax practices and lobbying, according to the Fair Tax Foundation.
Progress
64% Bias Score
Spanish Corporate Tax Gap Reaches Record High in 2024
In 2024, Spanish companies declared €339.018 billion in net profits, but only 53.3% (€180.806 billion) were subject to corporate tax due to legal tax incentives and the offsetting of past losses, creating a significant tax gap.
Spanish Corporate Tax Gap Reaches Record High in 2024
In 2024, Spanish companies declared €339.018 billion in net profits, but only 53.3% (€180.806 billion) were subject to corporate tax due to legal tax incentives and the offsetting of past losses, creating a significant tax gap.
Progress
44% Bias Score
Cyprus Increases Corporate Tax Rate to 15%
Cyprus raised its corporate tax rate to 15%, while maintaining various exemptions and introducing a new tax residency criterion based on the 'center of business interests', along with changes to personal income tax rates and thresholds.
Cyprus Increases Corporate Tax Rate to 15%
Cyprus raised its corporate tax rate to 15%, while maintaining various exemptions and introducing a new tax residency criterion based on the 'center of business interests', along with changes to personal income tax rates and thresholds.
Progress
20% Bias Score
Trump Threatens Tariffs on Irish Goods Over Tax Policies
During a St. Patrick's Day meeting, President Trump voiced concerns about Ireland's tax policies attracting U.S. pharmaceutical companies, hinting at potential future tariffs despite acknowledging the strong U.S.-Ireland trade relationship and the risk to his Irish-American voter base.
Trump Threatens Tariffs on Irish Goods Over Tax Policies
During a St. Patrick's Day meeting, President Trump voiced concerns about Ireland's tax policies attracting U.S. pharmaceutical companies, hinting at potential future tariffs despite acknowledging the strong U.S.-Ireland trade relationship and the risk to his Irish-American voter base.
Progress
60% Bias Score
L'Oréal to Pay €250 Million in French Tax, Seeks Government Support
L'Oréal will pay €250 million in new French corporate profit tax, representing 20% of its global R&D budget; CEO Nicolas Hieronimus seeks reciprocal government support to offset this cost and address what he views as unfairly burdensome European regulations.
L'Oréal to Pay €250 Million in French Tax, Seeks Government Support
L'Oréal will pay €250 million in new French corporate profit tax, representing 20% of its global R&D budget; CEO Nicolas Hieronimus seeks reciprocal government support to offset this cost and address what he views as unfairly burdensome European regulations.
Progress
44% Bias Score
French Corporate Tax Hike Sparks Relocation Threats
French government's proposed temporary surtax on large companies to address the public deficit has sparked outrage from major CEOs, who threaten relocation; the government argues the measure is necessary, reduced in scope, and temporary.
French Corporate Tax Hike Sparks Relocation Threats
French government's proposed temporary surtax on large companies to address the public deficit has sparked outrage from major CEOs, who threaten relocation; the government argues the measure is necessary, reduced in scope, and temporary.
Progress
44% Bias Score
Spain Finally Implements EU Minimum Corporate Tax
Spain implemented a 15% minimum tax on large multinational corporations, a year behind schedule, following an EU directive and addressing tax base definition and information exchange; the delay resulted in legal action from the European Commission.
Spain Finally Implements EU Minimum Corporate Tax
Spain implemented a 15% minimum tax on large multinational corporations, a year behind schedule, following an EU directive and addressing tax base definition and information exchange; the delay resulted in legal action from the European Commission.
Progress
32% Bias Score
Few Canadian Companies Moving to U.S. Despite Concerns
Concerns about Canadian companies moving to the U.S. due to President Trump's policies are overblown, as high relocation costs, departure taxes, and only slightly lower U.S. tax rates outweigh the benefits for most companies; however, some publicly listed companies might still move to gain inclusion...
Few Canadian Companies Moving to U.S. Despite Concerns
Concerns about Canadian companies moving to the U.S. due to President Trump's policies are overblown, as high relocation costs, departure taxes, and only slightly lower U.S. tax rates outweigh the benefits for most companies; however, some publicly listed companies might still move to gain inclusion...
Progress
52% Bias Score
Trump's Accusations Prompt Prediction of US Pharma Profit Repatriation from Ireland
US President Donald Trump accused Ireland of facilitating tax avoidance by US pharmaceutical companies, prompting experts to predict profit repatriation to the US rather than plant closures; Ireland's corporate tax revenue heavily relies on these companies, creating significant economic vulnerabilit...
Trump's Accusations Prompt Prediction of US Pharma Profit Repatriation from Ireland
US President Donald Trump accused Ireland of facilitating tax avoidance by US pharmaceutical companies, prompting experts to predict profit repatriation to the US rather than plant closures; Ireland's corporate tax revenue heavily relies on these companies, creating significant economic vulnerabilit...
Progress
40% Bias Score
Turkish Court Suspends Guideline Restricting Corporate Tax Loss Deductions
The Turkish Council of State suspended a tax administration guideline that disallowed the deduction of prior-year losses from minimum corporate tax, citing the lack of legal basis and potential for unfair taxation; this decision allows such deductions temporarily, pending further legal action.
Turkish Court Suspends Guideline Restricting Corporate Tax Loss Deductions
The Turkish Council of State suspended a tax administration guideline that disallowed the deduction of prior-year losses from minimum corporate tax, citing the lack of legal basis and potential for unfair taxation; this decision allows such deductions temporarily, pending further legal action.
Progress
40% Bias Score
LVMH's 2024 Results Spark Tax Controversy in France
LVMH reported a €12.5 billion net income in 2024, despite a 17% decrease from 2023, prompting CEO Bernard Arnault to criticize France's planned corporate tax hike as a disincentive to domestic production. This sparked controversy, leading Arnault to clarify that LVMH has no relocation plans and pays...
LVMH's 2024 Results Spark Tax Controversy in France
LVMH reported a €12.5 billion net income in 2024, despite a 17% decrease from 2023, prompting CEO Bernard Arnault to criticize France's planned corporate tax hike as a disincentive to domestic production. This sparked controversy, leading Arnault to clarify that LVMH has no relocation plans and pays...
Progress
44% Bias Score
French Business Leaders Protest Surtax, Threatening Relocation
French business leaders, including the head of MEDEF, are protesting a planned surtax on large companies expected to generate €8 billion for the government, arguing it will drive businesses away and comparing France unfavorably to the US. This comes as the French government seeks €32 billion in savi...
French Business Leaders Protest Surtax, Threatening Relocation
French business leaders, including the head of MEDEF, are protesting a planned surtax on large companies expected to generate €8 billion for the government, arguing it will drive businesses away and comparing France unfavorably to the US. This comes as the French government seeks €32 billion in savi...
Progress
60% Bias Score
Showing 13 to 24 of 31 results