Amazon, Facebook and Google to cough up a 15% minimum global tax rate
More than 130 nations agreed on Friday (Oct. 8) to set a new minimum tax rate for companies around the world. The global corporate tax rate is an attempt to deter tax avoidance by
G7 countries agree on broad principles of minimum corporate tax deal
The world’s richest nations (G7) reached a landmark accord setting a global minimum corporate tax rate for multinationals. Would it be effective in tackling tax evasion and avoid
G7 nations agree to set a global minimum corporate tax rate
A group of the world’s richest nations reached a landmark deal to close cross-border tax loopholes that multinational companies abuse to shift profits to low tax offshore havens.
U.S. Treasury floats global corporate tax rate of at least 15% in international talks
The U.S. has proposed that corporate around the world pay at least 15% tax on their earnings. The proposal comes as the Organization for Economic Cooperation and Development (OECD)
Labor Department Reports Strong Employment Growth Rates In May
In May, the labor market continued its resurgence, as reported by the U.S government on Friday, with the U.S economy adding up to 280,000 new job positions, which is more than the
