International plans to impose new taxes on financial institutions have failed to win widespread approval. Erin Kelechava and Salman Shaheen report that while some commentators accept the principle of levies for organisations that received government support during recent financial turmoil, they foresee problems in implementing the new charges
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran