Tag #Global Taxation

Showing 1 to 12 of 13 results

dw.com
🌐 85% Global Worthiness
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Brazil Debates Taxing its Ultra-Wealthy Amid Global Inequality Concerns

Brazil is debating ways to increase taxes on its ultra-wealthy, with proposals ranging from raising income tax rates and a minimum tax on high earners to implementing a wealth tax, mirroring global discussions on wealth inequality and tax fairness, although international consensus remains elusive.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Joint Initiative Seeks Higher Taxes on the Wealthy to Combat Global Inequality

Spain, Brazil, and South Africa launched a joint initiative at the UN Seville summit to increase taxes on high net worth individuals to address global inequality and reduced international cooperation, with plans for a three-month action plan and annual meetings.

Progress

40% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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US House Passes Bill Imposing Higher Taxes on Companies From Countries With Low Minimum Corporate Tax Rates

The US House passed the "One Big Beautiful Bill Act," imposing higher taxes on companies from countries with minimum corporate tax rates below 15%, escalating trade tensions and potentially harming foreign investment; this contrasts with Biden's diplomatic approach to global minimum corporate tax.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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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

Reduced Inequality
t24.com.tr
🌐 85% Global Worthiness
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Trump Threatens to Double Taxes on Foreign Entities

On January 22nd, 2025, President Trump threatened to double taxes on foreign entities in the US, retaliating against what he deems discriminatory taxes on American multinationals; this follows the US withdrawing support for a global tax agreement, potentially escalating international tax disputes an...

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Digital Service Taxes Face US Protectionism: Regional Alliances Crucial

Facing potential US trade retaliation, countries with digital service taxes (DSTs) must choose between risking economic backlash or allowing US tech giants to continue reaping disproportionate profits. Regional alliances and collaboration with developing nations are crucial to either forcing a globa...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Former World Leaders Urge Global Cooperation to Combat Rising Inequality and Unilateralism

Forty former world leaders warn of rising unilateralism and inequality driven by a global economic crisis, urging global solutions like joint financing of public goods and international tax cooperation in a letter published ahead of the International Conference on Financing for Development in Sevill...

Progress

44% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Seville Conference to Define Future of International Development Financing

The IV International Conference on Financing for Development, taking place next week in Seville, aims to define the governance framework and strategies for international sustainable development financing for the coming years, building upon the 2015 Addis Ababa accords but facing significant challeng...

Progress

52% Bias Score

Partnerships for the Goals
arabic.euronews.com
🌐 85% Global Worthiness
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Europe Courts the Wealthy: Tax Incentives Spark Debate

Facing budgetary pressures, European nations compete to attract wealthy individuals through tax incentives like Italy's €200,000 flat tax, Switzerland's lump-sum system, and Portugal's revised Non-Habitual Resident scheme, sparking debates about fairness and long-term economic impacts.

Progress

36% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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Zucman: Tax US Multinationals to Counter Trump Tariffs

Economist Gabriel Zucman suggests that the EU counter US tariffs by taxing American multinationals operating in Europe, arguing this targeted approach is more effective than a broader trade war and hinges on the EU's response to the US withdrawal from the global minimum tax agreement.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Trump's Return Threatens Global Tax War

A potential second Trump presidency is jeopardizing the global tax deal brokered by the OECD, causing concern amongst experts due to the potential for retaliatory tariffs on countries implementing new rules allowing additional taxes on US multinationals, particularly the EU, which has a €158 billion...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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COP29's Insufficient Climate Funding and the Proposed Billionaire Tax

COP29's $300 billion climate finance target fell short of expectations, prompting criticism; a proposed 2% tax on billionaires could generate $250 billion annually for climate action, but faces political hurdles.

Progress

52% Bias Score

Showing 1 to 12 of 13 results