Listen to the article 6 min feedback. Corporate tax managers have had to negotiate their way through heightened turbulence ever since the Trump-led tax cuts and the Jobs Act became law in 2017. Today’s hot-button issue is the ongoing Organisation for Economic Co-operation and Development (OECD)-led global effort to impose a minimum 15% tax on … Read more
Donald Trump reduced the corporate tax rate from 28% to 21% during his previous presidency and intends to further reduce it to 15% if elected again this year. Now, Trump proposes lowering the corporate tax rate to 15%, potentially cutting the US corporate tax rate by nearly half.In a wide-ranging interview on business and the … Read more
The Biden administration and a Democratic-controlled Congress imposed a new tax on corporate stock buybacks as part of the Inflation Reduction Act passed in 2022. It hasn’t gone well. Corporations use stock buybacks to grow. Buybacks signal to a company’s shareholders that the company’s investments are in demand and that the firm is in good financial health. That incentivizes investors to want to … Read more
Puerto Rico Tax Competitiveness and Pillar Two Skip to content profit shiftingProfit shifting is when multinational companies reduce their tax burden by moving the location of their profits from high-tax countries to low-tax jurisdictions and tax havens. . Pillar Two, the global minimum taxA tax is a mandatory payment or charge collected by local, state, … Read more
Navigating the complex world of business taxes is no small feat, especially for small business owners who already wear many hats. That’s where a business tax lawyer comes in. They provide invaluable support and guidance, ensuring your business stays compliant and financially healthy. Here are some key benefits of hiring a business tax lawyer for … Read more
By Naeem Aslam European and US stock futures are trading higher on the first trading day of the second half of the year, with another reason for traders to feel a little more confident Monday being the news of the first round of the French snap parliamentary election. France is the second-largest economy in … Read more
“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas Georges at tgeorges@thefactcoalition.org Here is the State of Play FACT Calls on Congress to … Read more
Sharon Basch is a rising 3L at the University of Pittsburgh School of Law and a JURIST staff correspondent in Washington DC this summer. Wednesday morning I attended a US Senate Budget Committee hearing entitled “Making Wall Street Pay its Fair Share: Raising Revenue, Strengthening Our Economy.” The hearing was called to discuss tax policy and … Read more
Oil prices fell more than a barrel on Tuesday due to skepticism about an OPEC+ decision to boost supply later this year.
The CFA Society Cyprus organized an annual economic forum where the main topics of discussion were the financial outlook for the global economy and markets, as well as the key principles of financial forecasting. President Andreas Cleanthous highlighted the importance of financial forecasting in the investment process during the event.