This content is from: Direct Tax This week in tax: G20 moves towards a global tax reform The chances of international tax reform got a boost this week when G20 finance ministers moved towards a global minimum corporate tax rate after the US declared its support for the proposal. By Josh White April 09 2021
This content is from: Global OECD tax report for G20 foregrounds environment and digital tax Secretary-General Angel Gurria’s last tax report to G20 finance ministers and central bank governors urges a phase-out of fossil fuel subsidies that undermine carbon pricing initiatives. The report also covers online ... By Alice Jones April 08 2021
This content is from: Direct Tax The Made in America tax plan is rewriting the TCJA The Biden administration’s Made in America tax plan proposes changes to the 2017 Tax Cuts and Jobs Act (TCJA) to align with the OECD’s global minimum tax proposal. By Danish Mehboob April 08 2021
This content is from: Direct Tax This week in tax: Deliveroo's IPO flops This week saw Deliveroo’s IPO flop despite high hopes among investors looking to capitalise on the boom in demand for takeaways, while the US and the UK clashed over digital tax. By Josh White April 02 2021
This content is from: United States COVID-19 puts US tax reform to the test The 2017 Tax Cuts and Jobs Act (TCJA) delivered the lowest tax rates for US businesses in decades, yet US tax reform may have fallen short of its aims during the COVID-19 pandemic. By Josh White March 31 2021
This content is from: Global Feminist tax policy could aid escape from COVID-19 recession Initiatives that work towards gender equality could shore up tax bases and assist the economic recovery from the pandemic, according to OECD policymakers. By Alice Jones March 29 2021
This content is from: Global Survey results: Tax lessons of COVID-19 Tax professionals told ITR that the COVID-19 crisis has created more dangers for businesses in the form of audits and the risks of disputes even though most tax departments have managed to stay on track. By Josh White March 26 2021
This content is from: Direct Tax This week in tax: US considers a corporate tax increase The Biden administration is considering a corporate tax increase to cover the costs of an infrastructure investment project. This is while the US economy has yet to steady itself for a post-COVID recovery. By Josh White March 26 2021
This content is from: United States US Corporate Transparency Act adds to taxpayer compliance burden In-house tax directors and their advisors expect a higher compliance burden by January 2022 as the Corporate Transparency Act (CTA) introduces beneficial ownership reporting rules in the US. Tax professionals suggest ... By Danish Mehboob March 26 2021
