Janet Yellen: her global minimum tax plan lacks detail and is impractical On 5 April, US Treasury Secretary Janet Yellen said America wants a global agreement fixing a minimum corporate tax level. This follows President Biden’s announcement that he planned…
Category: Tax
Global tax system under threat as intangible firms are targeted
Attempts to increase taxation on revenues generated by large technology companies, most of which are based in the US, are jeopardising the consensus underpinning the international corporation tax system, says a top tax expert. “The Internet and advances in telecommunications…
Tax and intangible capital
Labour leader Jeremy Corbyn says increased spending on essential services and infrastructure could be financed by reducing the amount of tax avoidance and evasion, mainly by companies doing business in the UK. Blogger and tax expert Professor Richard Murphy argues…
Intangible capital is the reason for corporate tax avoidance, not tax havens
UK Labour Party leader Ed Miliband said yesterday that he had written to the leaders of 10 British overseas territories and crown dependencies to say that a Labour government would press for them to be put on an OECD tax haven blacklist…
Intangible capital is at the heart of the corporate taxation crisis
http://www.youtube.com/watch?v=8wAVAs2h3_Y On 30 September, the European Commission started an investigation into deals between the government of the Republic of Ireland and Apple that helped the US company avoid tax. If the commission rules the deals are illegal state aid, Apple…