Only a few years ago, discussion of the financial transactions tax (FTT), often referred to as the Tobin tax or a Robin Hood tax, did not go beyond socialists, international development activists or academic circles and had little traction in the political mainstream. But, as the Brussels Tax Forum 2011 heard, public debt is not the only thing on the up after the financial havoc wreaked by the banks and their bailouts.
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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
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