News Snapshot:
Is an international corporate minimum tax the right solution? [World Affairs] | [No Comments] An international agreement that addresses only one-quarter of the problem suggests that the alleged “solution” is far less effective that the hype surrounding it By Anil Madan On July 1, the Organization for Economic Development (OECD) announced that 130 member countries had joined a new “two-pillar plan to reform international taxation rules” aimed at ensuring that multinational enterprises pay a fair share of tax wherever they operate. The OECD crowed about the fact that the 130 signatory countries represent more than 90% of global GDP. In...
