Tag: Government finance
Biden tax proposal in focus at Group of 7 ministers’ meeting
FRANKFURT, Germany — U.S. President Joe Biden's proposals for deterring tax avoidance by multinational companies will be a major theme Friday when finance ministers...
Mayor of Ecuador’s capital is dismissed, faces graft probe
QUITO, Ecuador — The mayor of Ecuador’s capital was removed from office on Thursday following multiple allegations of wrongdoing and the opening of a...
Biden, GOP senator to meet as infrastructure deadline looms
WASHINGTON — Deadline looming, President Joe Biden is set to meet with the top Senate Republican negotiator on infrastructure as the administration signals time...
Germany welcomes EU tax transparency deal for big companies
BERLIN — Germany's finance minister on Wednesday welcomed an agreement requiring large companies in the European Union to reveal how much tax they paid...
Biden invites GOP senator as infrastructure deadline looms
WASHINGTON — President Joe Biden is set to meet Wednesday with West Virginia Sen. Shelley Moore Capito, the top Republican negotiator on infrastructure as...
OECD head says Biden’s global tax proposal is a game changer
FRANKFURT, Germany — The new head of the Organization for Economic Cooperation and Development said Tuesday that he is “quietly optimistic” about reaching an...
Ex-banker convicted in massive German tax evasion scheme
BERLIN — A court in Germany convicted a former private banker of five counts of tax evasion Tuesday in a case linked to a...
Bosnian ex-security minister jailed for corruption
SARAJEVO, Bosnia-Herzegovina — A Bosnian court on Monday sentenced the Balkan country’s former security minister to six months in prison for corruption.
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Biden budget highlights: Lots of spending, taxing the rich
WASHINGTON — President Joe Biden's $6 trillion budget proposal offers major new initiatives like child and elder care subsidies, generous tax credits for families...
Social spending, business tax hike drive $6T Biden budget
WASHINGTON — President Joe Biden's $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of...
