Despite a similar statutory tax rate for multinational corporations (MNCs) across many countries, the effective tax rate that MNCs actually pay differs greatly—as low as 1% of gross income in Luxembourg and as high as 67% ...
Economics & Business
Nov 29, 2023
1
27
Wide variations can be seen in how far citizens from different countries evade tax. While this can be attributed to how well institutions deter tax avoidance through audits and fines, cultural differences may also play a ...
Social Sciences
May 11, 2016
2
21
When new financial auditing regulations went into effect in 2019, there were concerns the rules would affect publicly traded companies and, by extension, investors. A new study finds there was an effect—but it was a small ...
Economics & Business
Nov 28, 2023
0
6
Just 7% of more than 1,000 Londoners polled had no concerns about heating their homes this winter, while around two-thirds (65%) said they were very or fairly concerned. When asked what puts most pressure on their living ...
Economics & Business
May 9, 2022
0
35
Billion-pound tax dodging companies behave like "parasites," robbing from the poor on a grand scale, according to new research.
Economics & Business
Apr 5, 2022
0
10
Companies' low effective tax rates have drawn the ire of politicians, policymakers, the media and the public. As Congress begins debating changes to corporate taxes to partially fund a $3.5 trillion budget plan, the Biden ...
Economics & Business
Sep 22, 2021
0
48
The price of certain sugar-sweetened beverages, including soda, has gone up in recent years in places including San Francisco, Seattle, and Philadelphia.
Economics & Business
Mar 27, 2019
0
1
U.S. companies with board directors who have connections to well-known island tax havens of the Bahamas, Bermuda and the Cayman Islands exhibit significantly greater tax avoidance than other companies, according to a novel ...
Economics & Business
May 22, 2018
0
2
The French government has summoned the managers of Airbnb to demand answers over a payment system suspected of facilitating tax avoidance.
Business
Dec 5, 2017
0
2
Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual ...
Business
Oct 4, 2017
0
4
