Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint ...

The Group of Seven (G7) said Saturday that it will allow American companies to be excluded from a global minimum tax imposed ...

International tax was once a veritable jungle of exotic regimes, but now many jurisdictions seem to have settled on a natural ...

Global corporate tax rates have been steadily decreasing over recent years, with the G7 average for a business recording profits of $1.0 million falling from 32 per cent in 2014-15 to just 26 per ...

Only New Jersey, which has a top rate of 11.5%, and Minnesota, with a top rate of 9.8%, have higher corporate tax rates than Illinois. North Carolina offers the lowest corporate tax rate at 2.25%.

The OECD’s corporate tax database covering 141 jurisdictions shows that the average combined tax rate levied on company profits increased from 20% to more than 21% last year. Two decades ago ...

The nonpartisan Committee for a Responsible Federal Budget (CRFB) also analyzed the FY2025 Biden-Harris budget proposal, which found that raising the corporate income tax rate from 21% to 28% ...

Former President Donald Trump floated lowering the corporate tax rate to 20% in a Washington, D.C., meeting with top CEOs on Thursday, according to a new report, after discussing trade and other ...

A close reading of this report shows how a 28% corporate rate would put the U.S. at a significant competitive disadvantage by raising the U.S. rate to one of the highest rates in the world.

Even as tax revenues as a share of GDP in many economies have reached their highest levels in decades, the trend towards lower corporate tax rates has remained largely intact. In the face of austerity ...