Showing 1 to 8 of 8 results
German Government Divided on Global Minimum Corporate Tax"
Germany's coalition government is split over a 15% global minimum corporate tax, championed by former Chancellor Scholz but now opposed by Chancellor Merz due to US exemption and low projected German revenue (1.5-1.7 billion euros annually), despite initial EU estimates of 5.7 billion euros.
German Government Divided on Global Minimum Corporate Tax"
Germany's coalition government is split over a 15% global minimum corporate tax, championed by former Chancellor Scholz but now opposed by Chancellor Merz due to US exemption and low projected German revenue (1.5-1.7 billion euros annually), despite initial EU estimates of 5.7 billion euros.
Progress
60% Bias Score
G7 Exempts US Companies From Global Minimum Tax
The G7 exempted US companies from a global minimum 15% corporate tax, undermining a 2021 OECD/G20 agreement and prioritizing multinational interests over developing nations and fairer tax practices, potentially costing over $500 billion annually in global revenue.
G7 Exempts US Companies From Global Minimum Tax
The G7 exempted US companies from a global minimum 15% corporate tax, undermining a 2021 OECD/G20 agreement and prioritizing multinational interests over developing nations and fairer tax practices, potentially costing over $500 billion annually in global revenue.
Progress
60% Bias Score
Global Minimum Tax Shifts Focus to Tax Base Reduction
A new global minimum 15% corporate tax, agreed upon by over 130 countries, aims to stop the race to the bottom in corporate tax rates; however, the EU's Fiscal Observatory study shows this may shift competition towards tax base reduction incentives instead, as evidenced by a 2.7 percentage point dec...
Global Minimum Tax Shifts Focus to Tax Base Reduction
A new global minimum 15% corporate tax, agreed upon by over 130 countries, aims to stop the race to the bottom in corporate tax rates; however, the EU's Fiscal Observatory study shows this may shift competition towards tax base reduction incentives instead, as evidenced by a 2.7 percentage point dec...
Progress
36% Bias Score
Trump Rejects Global Minimum Tax Deal, Threatening International Trade
President Trump signed an executive order rejecting the OECD's global corporate minimum tax deal, leaving it without US support and potentially opening the door to retaliatory trade actions from other countries. This decision reverses prior US support and leaves the future of the agreement uncertain...
Trump Rejects Global Minimum Tax Deal, Threatening International Trade
President Trump signed an executive order rejecting the OECD's global corporate minimum tax deal, leaving it without US support and potentially opening the door to retaliatory trade actions from other countries. This decision reverses prior US support and leaves the future of the agreement uncertain...
Progress
52% Bias Score
US Exempted from Global Minimum Tax, Raising Concerns about Fair Implementation
The US negotiated an exemption from the OECD's Pillar II global minimum tax, repealing a provision targeting harmful foreign tax practices in return; this raises concerns about the framework's uneven implementation and potential for future exceptions.
US Exempted from Global Minimum Tax, Raising Concerns about Fair Implementation
The US negotiated an exemption from the OECD's Pillar II global minimum tax, repealing a provision targeting harmful foreign tax practices in return; this raises concerns about the framework's uneven implementation and potential for future exceptions.
Progress
40% Bias Score
EU Faces Higher US Taxes in Retaliation for Global Minimum Tax
The US House-approved "Big Beautiful Bill" contains a provision potentially increasing taxes on European companies by 5 percentage points annually in retaliation for EU taxes on US multinationals, escalating ongoing trade disputes and potentially impacting the transatlantic economic relationship.
EU Faces Higher US Taxes in Retaliation for Global Minimum Tax
The US House-approved "Big Beautiful Bill" contains a provision potentially increasing taxes on European companies by 5 percentage points annually in retaliation for EU taxes on US multinationals, escalating ongoing trade disputes and potentially impacting the transatlantic economic relationship.
Progress
40% Bias Score
US Withdrawal from Global Minimum Tax Agreement Threatens International Cooperation
President Trump's decision to withdraw the US from the global minimum tax agreement, designed to prevent corporate tax evasion through a 15% minimum tax rate across 139 countries, threatens international cooperation and may initiate trade conflicts and higher prices globally.
US Withdrawal from Global Minimum Tax Agreement Threatens International Cooperation
President Trump's decision to withdraw the US from the global minimum tax agreement, designed to prevent corporate tax evasion through a 15% minimum tax rate across 139 countries, threatens international cooperation and may initiate trade conflicts and higher prices globally.
Progress
40% Bias Score
Australia Implements 15% Global Minimum Corporate Tax
Australia joined over 135 countries in implementing a 15% global minimum corporate tax on companies with over \$1.2 billion in revenue, aiming to curb tax avoidance strategies like related-party financing and transfer pricing used by multinationals such as Chevron and BHP.
Australia Implements 15% Global Minimum Corporate Tax
Australia joined over 135 countries in implementing a 15% global minimum corporate tax on companies with over \$1.2 billion in revenue, aiming to curb tax avoidance strategies like related-party financing and transfer pricing used by multinationals such as Chevron and BHP.
Progress
44% Bias Score
Showing 1 to 8 of 8 results