tax reform

Study sees $500B tax boost as UN convention talks resume Monday

Countries around the world could collect $500 billion more in corporate tax each year from multinational corporations without raising tax rates, according to a new study released ahead of a pivotal round of United Nations tax convention negotiations set to…

OECD says global minimum tax raised up to $124B but missed its own forecasts

The global minimum tax on multinational corporations generated between $90 billion and $124 billion in additional government revenue during its first year of implementation in 2024, without triggering job losses or discouraging investment, the Organisation for Economic Co-operation and Development…

EU proposes eliminating cross-border withholding taxes to save businesses billions

The European Commission on Wednesday unveiled a sweeping corporate tax reform package projected to save businesses nearly €8 billion annually in compliance costs, marking the bloc's most ambitious effort yet to cut red tape and boost competitiveness.