President Luiz Inacio Lula da Silva’s plan to balance the budget by reaching settlements in corporate tax disputes is facing hurdles as some large Brazilian companies hold out for better deals.
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As part of contract talks, unions are demanding that companies specify how much they're benefiting from the tax cut and where the money is going.
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The plan would grant countries the right to tax digital companies’ revenues based on where revenues are generated, rather than only where the company is resident. Argentina, India, Kenya...
“This will certainly contribute to our government’s efforts to counter international tax avoidance by companies and harmful tax competition between states,” he said. After nearly a...
The Biden administration has been making international tax negotiations a top priority, particularly the portion of the talks focused on the creation of a global minimum tax. The administration see...
The Group of 7 nations agreed to back a new global minimum tax rate that companies would have to pay regardless of where they are based.
Companies claiming refundable tax credits are eligible to receive the credit as a cash payment even if they have no tax liability in the country, whereas non-refundable credits are...
During their opening statements, government attorneys acknowledged the potential for "financial losses" to be incurred by companies due to the negotiation program. However, they alluded to...