Page 25 - Representatives Ways News Today

U.S. Cross-border Tax Reform and the Cautionary Tale of GILTI Daniel Bunn Key Findings The U.S. joined many other developed nations in adopting territorial provisions and anti-base erosion rules as part of the 2017 tax reform. One major piece of that reform, that is not typical in other territorial systems, is a new definition of currently taxable foreign earnings, Global Intangible Low Tax Income (GILTI), which is taxed at an effective rate of 13.125 percent, with the rate set to increase afte...

The Biden administration is closely following developments in Brazil with regard to human rights and climate, but intends to continue strengthening U.S. economic ties and trade with the South American country, White House press secretary Jen Psaki said on Monday.

USA-TRADE/BRAZIL (UPDATE 1, PIX):UPDATE 1-White House says it aims to strengthen ties with Brazil, but will speak out on concerns

Full article The administration of Biden on Feb. 5 had announced an additional US$ 300,000 in funding from the U.S. Agency for International Development to bolster Brazil’s emergency COVID-19 response Ambassador Nestor Forster, welcomed Psaki’s comments and said Brazil was “fully on board” to address sustainable development and climate change concerns The president Joe Biden administration aims to keep stren...

Bringing Taiwan to the World and the World to Taiwan

Biden intends to tap House committee lawyer Katherine Tai for top trade job | 2020-12-10 12:56:00