Global Tax Haul

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/File Photo/File Photo
Global Economy

After US push, EU pauses tax plan, but Ireland sticks to its guns

The world's 20 largest economies endorsed on Saturday a plan for a global overhaul of corporate tax that would introduce a minimum tax rate and change the way large companies like Amazon and...

FILE PHOTO: Janet Yellen, U.S. President-elect Joe Biden's nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis
Global Economy

Yellen urges EU to back global tax deal, keep fiscal support

“What I see is a growing recognition on both sides of the aisle that climate change is a very serious concern and that action needs to occur,” she said Photo: Reuters
Global Economy

Global tax overhaul backed by 130 countries