States Eye Worldwide Reporting to Curb Income Shifting
For decades, states’ authorities to tax the earnings of multinational corporations have ended abruptly at the “water’s edge.” Frustration with this limitation, however, has grown in recent years as la...
31 Jan 202415min
Ex-Treasury Official Plowgian Talks OECD Deal's Future
Michael Plowgian, who in December left his role as deputy assistant secretary for international affairs at the Treasury Department, had an eventful stint at the department. The former top OECD negotia...
24 Jan 202414min
Fate of Latest Tax Proposal Is Far From Certain
Leaders of the House and Senate tax-writing committees unveiled a bipartisan framework this week that pairs business breaks with an expansion of the child tax credit, but a path toward passage remains...
17 Jan 202414min
A Look at the US-Taiwan Tax Pact and What Happens Next
In a Congress where lawmakers are divided on an overwhelming set of issues, helping to alleviate double taxation for businesses operating in both the US and Taiwan is one with rare bipartisan unity. H...
10 Jan 202416min
Business Leader Talks OECD Tax Deal and Its Impact
Over the past six months, the OECD has released multiple documents with more details on parts of the international tax deal agreed to by over 140 countries in 2021. But even with the additional clarit...
3 Jan 202418min
Union Head Talks IRS Hiring Push, Possible Shutdown
The union that represents about 65,000 IRS employees is teaming up with the agency to help attract new talent amid a hiring spree. The Democrats' tax-and-climate law gave the IRS tens of billions to d...
20 Dec 202315min
US Chip Industry Win Hinges on Lucrative Tax Credit
More of the supply chain that helps create semiconductor chips wants in on a lucrative new tax credit aimed at boosting US competitiveness against China. As of now under IRS proposed rules, companies ...
13 Dec 202310min
African Official Talks Global Tax Deal Challenges
African countries face several challenges in negotiating the global tax deal involving more than 140 countries at the Organization for Economic Cooperation and Development. The agreement includes real...
6 Dec 202312min
