Tax Cuts and Jobs Act News
By: Josh White
The Tax Cuts and Jobs Act (TCJA) is the most eagerly-awaited tax bill in a generation, with implications for trillions of dollars worldwide. International Tax Review looks at the trends since tax reform came into force.
By: Thomas Gryta (The Wall Street Journal)
America’s biggest companies are reporting some of the strongest earnings growth since the recession, boosted by lowered tax rates and a robust U.S. economy that is fueling demand across industries.
By: Sam Fleming (Financial Times)
The US Treasury has set out details of tax reforms to tackle $3tn worth of corporate earnings hoarded overseas, as it introduces a regime it hopes will boost investment in the country.
By Alexander Hartley
Austria has proposed a new digital services tax (DST), motivated by a desire to level the playing field for domestic media companies, which it says it would not repeal even if the OECD reaches consensus on digital tax measures.
By Anjana Haines
Singapore has been agile in refining its support for companies investing in the acquisition, development, enhancement and exploitation of intellectual property rights, which is the key to innovation in the digitalized economy of the future.
By Alex M. Parker
A deal among countries at the OECD on international tax avoidance will likely be a “looser” plan leaving many of the details for individual countries to implement, an official with the U.S. Department of the Treasury said Tuesday.