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The Treasury secretary said U.S. companies are likely to provide crucial support in pushing lawmakers to back a global overhaul of corporate taxation.
July 13 -
The European Union said Monday it would postpone its push for a controversial digital levy to focus on a negotiation over a broader minimum global tax deal.
July 12 -
The Treasury Secretary hopes Congress can take up two key portions of a global tax agreement endorsed by Group of 20 finance ministers.
July 12 -
French Finance Minister Bruno Le Maire said he is confident the Group of 20 economies will back a deal on international tax, even as his country pushes for a higher minimum corporate rate.
July 9 -
The tax deal proposes a minimum corporate levy of at least 15%, and new rules for dividing up the tax revenues from the world’s largest companies — particularly U.S. tech giants.
July 9 -
The European Union’s plan to propose a new digital-services tax is unlikely to undermine global talks aimed at eliminating such levies, according to the head of the international group spearheading the discussions.
July 8 -
The U.S. is pressing European officials to reconsider plans to enact a digital tax across its 27 members in a dispute that threatens to undermine significant progress made recently toward a global corporate tax agreement.
July 6 -
An tiny group of countries from far-flung corners of the EU is resisting worldwide consensus on a revamp of corporate tax.
July 2 -
The world took a big step toward sweeping changes in taxation setting a minimum rate for corporations along with rules to share the spoils from multinationals.
July 1 -
Financial-services companies are set to be exempt from a global plan to make multinational firms pay more tax to the countries where they operate, in a win for U.K. Chancellor of the Exchequer Rishi Sunak.
July 1