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)
Federal Government Issues Roadmap for Banks to Pool on Marijuana Businesses
The Federal Government has issued regulations to banks for conducting transactions with legal marijuana businesses which are licensed and regulated as the number of states legalizi
Citigroup’s Q1 Profits Recoiled to $2.9 Billion
Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by record revenue from processing transactions for its internat
