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U.S. Agrees that Time is Now for a Global Minimum Corporate Tax Rate
April 7th, 2021
On Monday, new U.S. Treasury Secretary Janet Yellen spoke in front of the Chicago Council on Global Affairs. Amidst ongoing discussions in the U.S. about a proposed $2 trillion economic plan, as well as discussions on financial responses to the pandemic and the Biden administration’s proposed economic and investment policies, Yellen revealed that the U.S. is
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Luxembourg revelations highlight need for transparency reforms
February 10th, 2021
Earlier this week, reporters revealed that trillions of dollars had flowed in recent years to Luxembourg, thanks to the country’s role in Europe’s “axis of tax avoidance.” The so-called “OpenLux findings” – coming shortly after Luxembourg created a new register to collect the names of company owners (“beneficial owners”) – revealed that fraudsters, oligarchs and
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