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What is happening? Congress is back from recess this week for what will be a busy week – and a jam-packed February; market-related noise from Washington this week includes: 1) Several classified briefings of House and Senate members on the escalating situation in Ukraine will occur on Thursday, and around then we also expect the ...
Democrats think voters will love the legislation, once it's in effect. Voters have other ideas.
5 Min Read LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings. FILE PHOTO: U.S. President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021. REUTERS/Kevin Lamarque//File Photo The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a ...
ANALYSIS-A taxing question for multinationals leaves stocks unscathed Reuters 5 hrs ago By Thyagaraju Adinarayan and Sujata Rao Popular Searches LONDON, April 8 (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings. The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a push to upend international tax rules. Yet stoc...
5 Min Read LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings. FILE PHOTO: U.S. President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021. REUTERS/Kevin Lamarque//File Photo The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a ...