Stay updated with breaking news from Daniel Bunn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This week the US Senate reached a historic compromise to secure a corporate minimum tax rate, while the UK is facing tax cuts no matter who succeeds Prime Minister Boris Johnson.
WASHINGTON— The groundbreaking global corporate-tax agreement secured last year by Treasury Secretary Janet Yellen included a “failsafe” measure to encourage compliance by its 137 signatories.
Negotiators confident built-in 'failsafes' mean agreement can still proceed despite American legislators' opposition to 15% minimum rate
Global minimum tax would damage productivity, workers wages.
Noozhawk.com delivers local breaking news, local sports, schools, nonprofits, obituaries, business, arts and entertainment, calendar, local opinions and more.