Over Zoom calls from basements and a breakfast in Brussels, faltering negotiations to remake the world’s tax architecture were revived.
Tag: Tax Shelters
Global Tax Agreement Will Set 15% Minimum Rate
More than 130 countries agreed to set a minimum tax rate of 15 percent as governments look to end a race to the bottom on corporate taxation.
A Global Deal Aimed at Ending Tax Havens Gains Momentum
Negotiators are coalescing around a 15 percent minimum tax rate, which could be announced at a Friday meeting.
Pandora Papers Leak: What to Know
Revelations from nearly 12 million leaked confidential financial records have thrown light on the concealed wealth of powerful public figures around the world. How do they hide their money, and why is this information important?
Jordan’s King Among Leaders Accused of Amassing Secret Property Empire
A leak of nearly 12 million files suggested King Abdullah II was among 35 current and former leaders to use secret shell companies to hide their wealth.
House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens
Several big details remain to be worked out before an international October deadline.
Global Finance Leaders Start Talks for Tax Overhaul
The overhaul under discussion includes a minimum tax that companies would pay regardless of where their headquarters were.
How U.S. Firms Helped Africa’s Richest Woman Exploit Her Country’s Wealth
Isabel dos Santos, the daughter of Angola’s former president, built an empire in a country mired in corruption. Western consultants were her advisers.
How U.S. Firms Helped Africa’s Richest Woman Exploit Her Country’s Wealth
Isabel dos Santos, the daughter of Angola’s former president, built an empire in a country mired in corruption. Western consultants were her advisers.
As McKinsey Sells Advice, Its Hedge Fund May Have a Stake in the Outcome
The world’s most prestigious consulting firm has a secretive $12.3 billion investment arm, prompting questions about conflicts of interest.