On Saturday, July 10, 2021, finance ministers from G20 agreed on the proposal to establish a 15% minimum international corporate tax rate system to eliminate tax-havens. Along with the G20 finance ministers, 131 countries from around the globe agreed this month, enabling the new tax rate to be enacted shortly. The US Secretary of theContinue reading “G20 Agrees on the New International Corporate Taxation”
Tag Archives: Tax
Biden’s Plan for Tax Hikes
On April 22, The New York Times and Bloomberg News reported on the alleged tax hikes proposed by President Joe Biden. Reports claims doubling of the highest long-term capital gains taxes on individuals making more than $1,000,000 from 20% to 39.6%. They also reported the proposal of raising the marginal income tax rate from 37%Continue reading “Biden’s Plan for Tax Hikes”
The Liberal Conservative 