Category: tax surrender

G7 Tax Deal Could Face Senate Hurdle as It Affects US Firms the Most

WASHINGTON—The Group of Seven (G-7) leaders rallied around a global tax deal last week in an effort to make big multinational companies pay their fair share of taxes. The deal, however, met swift opposition from Republicans who called it “tax surrender” for the United States. Studies show that U.S. companies are likely to see the…


G-7 Tax Deal Could Face Senate Hurdle as It Affects US Firms the Most

WASHINGTON—The Group of Seven (G-7) leaders rallied around a global tax deal last week in an effort to make big multinational companies pay their fair share of taxes. The deal met with swift opposition from Republicans, who called it “tax surrender” for the United States. Studies show that U.S. companies are likely to see the…