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FYI the IRS considers ALL income received in the form of money, property, or services to be taxable.
07/03/2023

FYI the IRS considers ALL income received in the form of money, property, or services to be taxable.

The world’s largest companies are poised to face a 15% minimum tax under a 2021 deal to overhaul global tax rules as mor...
02/03/2023

The world’s largest companies are poised to face a 15% minimum tax under a 2021 deal to overhaul global tax rules as more countries begin to implement the measure.

“Momentum is rapidly building around the global minimum tax,” said Grace Perez-Navarro, director of ’s Center for Tax Policy and Administration.

The measure, which lets governments top-up a multinational’s tax rate to 15% when it’s paying less than that in another jurisdiction, is “a real game-changer that will help countries around the world put a floor on corporate tax competition,” she said in an email to Bloomberg Tax.

Explore the outlook for adoption at the link in bio.

In our latest investigation with , we explore how tax cuts have fueled inequality in the U.S. and look into what this me...
29/11/2022

In our latest investigation with , we explore how tax cuts have fueled inequality in the U.S. and look into what this means for the future.

Read more from James B. Steele on the history of tax cuts in the U.S.

🎨 Lead image illustration: Tim Foley/Center for Public Integrity

🎨 Carousel design: Jonathan Hurtarte/Bloomberg Industry Group

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