Wednesday, 19th January 2022
<To guardian.ng
Search

The drivers of Trump’s tax cut plan

By Bloomberg
27 September 2017   |   2:19 pm
Rohit Kumar, tax policy services leader at PWC, explains how corporate and private cuts can be paid for in President Donald Trump's tax plan.

Related

8 Sep
UK PM Johnson's tax on workers 'unfair', says opposition
13 Sep
The UK has announced its second round of tax hikes in a year. With the Biden US administration expected to follow suit, are other countries putting off the inevitable?
4 Oct
Austria announced the introduction of a new "eco-social" reform of the tax system. Everyone in the governing coalition gets something: but does the environment?
5 Oct
A trove of leaked documents has revealed links between leaders and offshore tax havens. Officials in Pakistan and other countries are facing calls for investigation while Germany urged patience in fighting tax avoidance.
6 Oct
The global investigation into secret wealth and offshore dealings has revealed the names of several high-profile leaders within the European Union. That has raised uncomfortable questions for EU honchos.
9 Oct
The country has finally dropped its opposition to a global tax reform brokered by the OECD in July. The revised corporate tax rate will only apply to large multinational companies
12 Oct
Most countries have now signed up to a historic deal to ensure a minimum 15% corporate tax rate. Only four smaller economies are still holding back.
21 Oct
US media reports that Trump National Golf Club's finances are under scrutiny, with a probe launched into whether it has misled a valuation for tax purposes.
30 Oct
Billionaires only have to pay tax on appreciated assets when they sell them, but a new legislative proposal could change this. The tax revenues could then be used to fund President Joe Biden's social spending plans.
31 Oct
The global minimum tax is supposed to bring tax justice. But not even half of Africa's countries are on board. Kenya and Nigeria have backed out amid uncertainty over how much the measures would benefit poor countries.
1 Nov
Leaders of G20 nations endorsed a landmark deal to establish a global minimum tax rate. They were, however, at odds on issues like coronavirus vaccines and fighting climate change.
3 Nov
A British woman has won her case after she paid significantly higher taxes than Australian locals while employed as a waitress on a working holiday visa.