MercoPress, en Español

Montevideo, November 5th 2024 - 11:03 UTC

Tag: corporate profits

  • Saturday, June 12th 2021 - 08:00 UTC

    Taxing corporate profits: Is change coming to the world’s economic weather?

    If it makes it through all that, then companies like Microsoft could no longer shield their profits from meddlesome taxation.

    By Gwynne Dyer – It’s not Bretton Woods, but it’s a start. The decision by finance ministers from G7 countries to create a global minimum tax rate on corporate profits, and reaffirmed by world leaders meeting in Cornwall, is a step in the right direction if only a baby step. The tide was due to turn about now, according to one theory, and maybe it’s finally happening.