By: Stephanie Soong Johnston
The 15 percent global minimum tax floor that G-7 finance ministers have agreed to is a good first step, but the G-20 must show leadership by pushing that rate higher, according to an international workers’ union.
By: Jad Chamseddine and Doug Sword
Senate Finance Committee Chair Ron Wyden, D-Ore., expects heavy lifting domestically and internationally to implement a global minimum tax after an accord was struck by the G-7 countries.
By: Andrew Velarde
A surprise green book provision that disallows deductions for exempt or preferentially taxed income may not be gathering the most headlines, but it still is getting interest from practitioners wondering about its significance.