Global minimum corporate tax deal ‘dramatically weakened’ by loopholes, report warns

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum In 2021, more than 140 countries and territories agreed to implement a 15% minimum tax rate on multinational corporations. The landmark agreement, however, has been “dramatically weakened” by major loopholes, according […]

Is corporation tax good or bad for growth?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jane McCormick, Partner; Global Head, Tax, KPMG & Christopher Morgan, Head of Global Tax Policy, KPMG Business requires a stable society to which it should contribute. Business pays taxes on production, people, property and environmental impact, as well […]

Corporate tax remains a key revenue source, despite falling rates worldwide

This article is brought to you in association with OECD. Taxes paid by companies remain a key source of government revenues, especially in developing countries, despite the worldwide trend of falling corporate tax rates over the past two decades, according to a new report from the OECD. A new OECD report and database, Corporate Tax Statistics, […]

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