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Corporate tax


Democrats in the House of Representatives want to reduce Joe bidenThe President’s Proposed Tax Hikes on Corporate Income and Capital Gains, Part of $ 2.9 Billion in Tax Hikes to Fund President’s Social Safety Net Expansion American. The draft tax plan – which was obtained by the Financial Times – was released to members of …

Recasts, combine separate stories LONDON, September 9 (Reuters) – Finance ministers of the Group of Seven wealthy nations said Thursday they needed to make more progress on the fine print of a reform of global corporate tax rules in time for a summit of world leaders in October. Britain’s Rishi Sunak said he urged his …

KUALA LUMPUR (September 2): Malaysia cannot afford a corporate tax cut, which is currently 24%, unless the country’s tax base is broadened and the country maintains a trajectory above average growth, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today. “If you look at the corporate tax, it makes up a large portion …

Malaysia’s corporate tax is among the highest in ASEAN. Singapore has the lowest rate at 17 percent, Vietnam, Thailand and Cambodia at 20 percent and Indonesia at 22 percent. – Photo by Ahmad Zamzahuri KUALA LUMPUR, September 2 – Malaysia cannot afford a corporate tax cut, which is currently 24%, unless the country’s tax base …

Internal direct tax functions are under increasing pressure to do more with less – from contributing to budget cuts for professional fees and improving oversight and governance, to acting as business partners – all in the context of changing legislation and improving reporting requirements. While the use of tax engines for indirect taxation may be …

To print this article, simply register or connect to Mondaq.com. Much has been said about the recent G7 decision to pursue a base global tax rate of at least 15% (the Global tax rate). Some call it the twilight of offshore jurisdictions. Should Jersey be worried? The initiative appears to be aimed at well-known multinationals …

Corporate tax departments are facing an under-the-radar element of ESG-focused activist investing that’s gaining traction and would more directly affect bottom lines than the addition of women and minorities to corporate boards or publishing environmental impact reports. Environmental, social, and governance-oriented investors, and members of Congress, want large public companies to disclose where they shift …

Reuters Reuters LONDON (Reuters Breakingviews) – In Nigeria, only one death and taxes are certain. Growing international pressure to tackle climate change means Africa’s largest economy must wean itself from its unhealthy dependence on oil revenues. Ad hoc targeting of foreign companies is a clumsy way to exploit other sources of revenue. The latest victim …

Adam Smith’s warning of 1776 needs to be updated. He said: “People of the same trade rarely get together, even for mirth and entertainment, but the conversation ends with a conspiracy against the public, or a ploy to raise prices.” If you have an unromantic understanding of government, you know that it is not made …

United States: Secretary Yellen says consensus is near on international agreement on corporate taxation July 14, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. In her remarks following the meetings of G20 finance ministers and central bank governors, Treasury Secretary Janet L. Yellen declared that 132 countries …