• Plans for a Bigger Pie of Global Taxes, Sliced Fairly

    10 days ago - By Bloomberg

    Multinational companies have long used creative - and legal - ways to shrink their tax bills. One is to book profits from customers in places like Boston and Berlin as if they came from, say, Bermuda, which has no corporate income tax. Long-stalled efforts to revamp the global tax system are getting a new push, thanks to the pandemic and a policy U-turn from the U.S. The complex proposals boil down to two basic notions: setting a minimum corporate tax rate across the world (think of this as ma
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