Tag: Government taxation and revenue
States rebound from bleak forecasts to pass record budgets
JEFFERSON CITY, Mo. — Just a year ago, the financial future looked bleak for state governments as governors and lawmakers scrambled to cut spending...
Biden rebuffs GOP infrastructure offer, citing broader goals
WASHINGTON — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to...
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens?
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UK Treasury chief optimistic on tax deal targeting big tech
LONDON — Britain’s Treasury chief says he’s optimistic the world’s richest countries will agree on a plan to tax internet companies and other multinationals...
Biden, GOP senator talk as time drags on infrastructure deal
WASHINGTON — For nearly an hour, President Joe Biden and the top Senate Republican negotiating infrastructure met behind closed doors — two seasoned legislators...
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...
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...
