Multinationals Derive Huge Benefits From Shifting R&D Abroad
Savings from moving R&D to take advantage of lower wages drives foreign profits about as much as lower tax rates.
OECD Takes Aim at Multinational Tax Shelters
A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
Globalization Recedes from Its Prior Dominance
Corporate executives believe that consumers will increasingly prefer locally or regionally produced products.
Multinationals Dodged Bullet on ‘Earnings Stripping’ Rules
Pressed by corporations, Treasury exempted S-corps., banks, and insurers from anti-inversion rules.
Would a Territorial Tax System Squeeze IRS Coffers?
More companies would shift income abroad under proposed tax reform, although the amounts would likely be relatively modest, new research suggests.
Currency Volatility Costs Hit Record $33.9B
"Corporates are seeing more significant sustained negative impacts than at the height of the euro crisis," FiREapps says.
EU Finds Belgian ‘Excess Profit’ Tax Break Illegal
The decision requires Belgium to recover about $762 million from at least 35 multinationals that benefited from the tax loophole.