Multinationals Confront Audit Risks Ahead of Global Tax Filings
Multinationals in the world’s largest economies are facing several unanswered questions and possible audit scrutiny as they prepare to file their first global minimum tax forms ahead of a fast-approaching June deadline.
Corporate America’s Growing Quest for Tariff Refunds
This article examines corporate litigation seeking refunds of tariffs imposed under executive authority later overturned by the Supreme Court. The reporting highlights the fiscal and legal consequences of invalidated cross-border levies, including potential revenue exposure for the federal government and broader implications for the treatment of trade-based revenue measures in international economic policy.
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Digital Tax Tensions Play Out as UN Tackles Country Divides
Developed countries in United Nations tax-treaty negotiations have shown an appetite for new approaches to taxing the digital economy, opening some potential for agreement with developing nations that are spearheading the UN talks.
Corporate America Finally Reveals (Some of) Its Tax Secrets
This article examines how major U.S. corporations, including Nvidia, are disclosing large tax payments while also utilizing international tax strategies in jurisdictions like Ireland and Malta, highlighting ongoing issues in corporate tax transparency and global tax planning.
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Big Drugmakers Saved at Least $5bn on U.S. Taxes Shifting Income Overseas
This article explores how pharmaceutical companies reduce U.S. tax liabilities by shifting profits to low-tax jurisdictions, illustrating continued challenges in enforcing international tax rules and profit-shifting regulations.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The WTO warns that prolonged geopolitical conflict could significantly disrupt global trade and economic growth, highlighting broader implications for international economic policy and regulation.
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