How Trump’s trade war built China’s first global fashion giant
Partly due to the trade war, Shein pays neither export taxes on most of its products nor U.S. import taxes, an advantage that tilts the playing field heavily against its rivals.
The G7 could be relevant, however, as an avatar for democratic and value-oriented leadership and some leaders see the institution evolving in that direction.
World’s richest face tax squeeze after 40% boost to fortunes
The proposals form part of a global revival of initiatives to target the rich, including new taxes on capital gains, inheritances and wealth.
Japan’s Finance Ministry ignores climate risk, ex-official says
Rintaro Tamaki, a former top bureaucrat at the ministry, says it should raise Japan’s already high gasoline tax and hike tariffs on imported fossil fuels.
After the accolades, an agreement among the world's wealthiest countries to set a global minimum tax on the biggest companies now faces a long, bumpy road to implementation. The path is complicated even among the Group of Seven rich nations that endorsed the plan, with ...
Tax deal by G7 countries exposes European policy rift on havens
The global deal on corporate tax looks set to pit large members such as Germany, France and Italy against Ireland, Luxembourg and the Netherlands.
Big Tech watches tide turning on taxes after its years of plenty
In the current system, the likes of Facebook, Amazon.com and Google have paid effective tax rates which appeared on a long, steady march toward zero.
What is a global minimum tax and what will it mean?
The deal aims to end what U.S. Treasury Secretary Janet Yellen has called a "30-year race to the bottom on corporate tax rates" as countries compete to lure multinationals.
G7 finance ministers meet in London to broker global tax deal
The talks are aimed at moving closer to a global deal to raise more tax revenue from the likes of Google, Facebook and Amazon.
Global corporate tax crackdown gets ethical investor boost
Many funds have said they are escalating talks with companies over their tax planning and, if necessary, will dump shares.
