
The United States rejected the OECD minimum tax. Canada Should Too – Part I
Allan Lanthier is a retired partner of an international accounting firm and has served as…
Allan Lanthier is a retired partner of an international accounting firm and has served as…
Senators Joe Manchin and Chuck Schumer reached an agreement on minimum U.S. taxation on Wednesday,…
By David van den Berg and Stephen K. Cooper (July 27, 2022, 9:55 p.m. EDT)…
Economy Minimum tax to take away as 8 billion shilling levies come into effect Monday,…
Photo by Eviart / Shutterstock.com The news of the United States’ cancellation of the double…
Hungarian Prime Minister Viktor Orban attends a dinner at the Prado Museum during a NATO…
According recent news reports, congressional Democrats are considering watered down versions of two measures from…
According to Commission officials, the European Commission may not need to impose qualified majority voting…
PARIS — The EU is working on alternative ways to implement a global corporate tax…
Hungarian Prime Minister Viktor Orban arrives for the European Union leaders’ summit, as EU leaders…
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Canada is taking steps to comply with a global minimum tax of 15% on multinational…
Breadcrumb Links MoneyWise Canada growing money The tax may no longer be the equity tool…
The head of the Organization for Economic Co-operation and Development (OECD) said on Tuesday he…
Janet Yellen, US Treasury Secretary, Tuesday, May 17, 2022. Treasury Secretary Janet Yellen’s success in…
Breadcrumb Links Taxes Personal finance Jamie Golombek: Ottawa says some high-income Canadians still aren’t paying…
According to new estimates from the International Monetary Fund (IMF), businesses around the world could…
Summary and background. On March 28, 2022, the Biden administration proposed a minimum tax of…
KARACHI: It was proposed to the Federal Board of Revenue (FBR) to reduce the general…
“These Canadians make heavy use of tax deductions and credits, and generally find ways to…
Treasury Secretary Janet Yellen must take action to protect tax incentives from the impact of…
The so-called billionaire minimum tax contained in President Joe Biden’s fiscal year 2023 budget proposal…
This story was originally published by ProPublica. After secret IRS files from ProPublica showed how…
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Follow our live coverage of President Biden’s budget proposal for 2023.WASHINGTON — The White House…
KARACHI: The Karachi Tax Bar Association (KTBA) has recommended the elimination of the minimum tax…
Alternative Minimum Tax (AMT) is a separate method of tax calculation made by the Canada…
EU member state finance ministers failed to reach unanimous agreement on the EU directive to…
Mobile network operators have asked the tax authorities to scrap the existing 2% minimum tax…
The global minimum tax has upended many conversations about international tax policy, including in the…
Singapore is a well-known magnet for global hubs, alongside Hong Kong, Ireland and Switzerland, with…
Wealthy couple who narrowly avoided triggering AMTIRS Form 6251, Alternative Minimum Tax-Individuals, determines the amount…
The Alternative Minimum Tax (AMT) ensures that people in higher tax brackets pay minimum tax…
While Republicans and Democrats may disagree on the best tax policies to create well-paying American…
Union Budget 2022: Finance Minister Nirmala Sitharaman proposed on Tuesday to reduce the Alternative Minimum…
Pentus-Rosimannus was at Tuesday’s meeting of EU finance ministers where opposition to the package, which…
According to Fitch Ratings, the net profitability gap between Bermuda-incorporated and non-Bermuda-incorporated companies is expected…
EU directive to implement a minimum corporate tax rate of 15% is meeting resistance from…
By Doug Connolly, MNE Tax EU member states disagree on various issues related to the…
By Doug Connolly, MNE Tax On January 11, the British government opened a consultation on…
By Doug Connolly, Multinational Corporate Taxation In a January 6 letter to the OECD, the…
The Tax Cuts and Jobs Act 2017 (TCJA) made the Alternative Minimum Tax (AMT) rules…
TThe Biden administration opposes a much-touted Democratic “minimum business tax”, and the administration will win.…
What is Form 6251: Individuals with Alternative Minimum Tax? Form 6251: Alternative Minimum Tax-Individuals is…
In late October, Democrats in Congress introduced a proposed minimum corporate income tax as part…
NEW YORK: A global minimum tax is on the verge of becoming a reality as…
The Organization for Economic Co-operation and Development (OECD) released on December 20, 2021 its long-awaited…
As the COVID-19 pandemic continues and global labor markets continue to struggle, the latest report…
Press play to listen to this article The European Commission put a marker Wednesday on…
By Doug Connolly, MNE Tax The European Commission today published its proposal directive implement within…
The Organization for Economic Co-operation and Development (OECD) published detailed rules on Monday for the…
The model rules, released by the Organization for Economic Co-operation and Development (OECD), are…
By Doug Connolly, MNE Tax The path to U.S. implementation of the internationally agreed global…
As the Senate considers which components of the House Build Back Better Act (BBBA) to…
WASHINGTON — Senior US Treasury Department officials have expressed reservations about the new minimum tax…
Covering the core elements of the global minimum tax envisioned by the world’s largest economies,…
The Joint Committee on Taxation estimates that the minimum tax would generate $ 318.9 billion…
One of the provisions buried in the Build Back Better bill is the implementation of…
The OECD is working on rules that will give businesses a clearer picture of how…
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November 22, 2021 Anjarwalla and Khanna To print this article, all you need…
The current version of the reconciliation bill, the Build Back Better Act, attempts to meet…
The Build Back Better Act (BBBA) would increase taxes to pay for social spending programs.…
The inclusion of tax-exempt income in a proposed federal alternative minimum corporate tax bill in…
By Ramon Bonell, EURTAX.com, Madrid Spain’s 2022 budget establishes a minimum corporate tax rate of…
ISLAMABAD: The Lahore High Court (LHC) issued notices of contempt of the Federal Board of…
By Doug Connolly, MNE Tax OECD tax policy director Pascal Saint-Amans in a Nov. 4…
The latest version of the Biden administration’s Build Back Better reconciliation program reintroduces a policy…
Democrats are considering extending the minimum tax rates that some high earners will have to…
ROME – One of the takeaways from the recent G20 summit in Rome is the…
The minimum corporate tax included in the budget reconciliation bill would create undue complexity and…
On Tuesday evening, Senate Finance Committee Chairman Ron Wyden (D-OR) and Senses Angus King (I-ME)…
The G20 endorsed the two-pillar proposal of the OECD Inclusive Framework (IF) an overall minimum…
The leaders of the world’s 20 largest economies have approved a 15% global minimum tax…
Leaders of the world’s largest economies on Saturday approved a global minimum corporate tax as…
Kenya and Nigeria have pulled out of a global tax reform plan that prevents multinational…
Leaders of the world’s largest economies endorse the establishment of a global minimum tax at…
A happy start for President Biden at the G20 summit in Rome on Saturday. Photo:…
On October 26, 2021, Senators Elizabeth Warren (D-MA), Angus King (I-ME) and Ron Wyden (D-OR),…
Tax reform should simplify the tax code. Instead, Congress is debating new ways to increase…
By Doug Connolly, Multinational Corporate Taxation Update October 28, 2021: Framework released. Confirms 15% minimum…
Given accounting differences between global insurance companies in different jurisdictions, a new global minimum tax…
Senator Kyrsten SinemaKyrsten Sinema With extreme gerrymanders locked down, Biden must make preserving democracy a…
One of the ways that employees can be compensated for their work, in addition to…
The net profitability gap between companies incorporated in Bermuda and non-Bermuda may narrow over time…
WASHINGTON (Reuters) – President Joe Biden will meet Pope Francis on October 29 before attending…
By Christian KraemerWASHINGTON, Oct. 13 (Reuters) – Germany can expect to raise an additional ⬅
G-20 finance ministers are due to meet in Washington today to discuss the 15% global…
A new global deal to levy a near-universal 15% minimum tax on corporate profits could…
US Treasury Secretary Janet Yellen, pictured on October 6, 2021 in the White House, said…