The effects of the current crisis are manifold, but there are two conditions that limit the problem: energy prices and inflation. The rise in energy prices was directly reflected in the rise in inflation, which in March reached 7.5% in the Eurozone and 8.5% in the United Kingdom and the United States respectively. These countries …
Tag: OECD
G20: The US Proposal for the New Architecture of the Global Tax System
Discussions in the OECD on the taxation of the digital economy propose the creation of rights to tax jurisdictions on the profits of multinational companies operating in the global digitised economy. In addition, it is proposed to apply a minimum effective corporate tax rate. In April, the US at both the G20 summit and the …
Tax Avoidance of Large Companies Creates the Need for a Common Tax Corporate Rate Worldwide
US President Joe Biden’s political agenda for funding the Infrastructure Program has led to a tax increase for the rich and corporate (from 21% to 28%) and seeks to establish a minimum corporate tax rate worldwide, but in the wrong way. (for more information read the analysis titled «Establishing A Global Minimum Corporate Tax Rate …