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Daily Tax Report: International
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It’s Tax Season! Here Come the ‘Leech Brands’: Ben Schott (1)

Happy tax season to all who celebrate! Which is (or should be) everyone. But as you strive to do your civic duty (under penalty of perjury) ponder this: Just 2.4% of the 104 million US taxpayers eligible to use the IRS Free File Program did so in 2020. And more than 14 million of the lowest-paid Americans may have paid unnecessary commercial fees to file their 2019 taxes.

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Will the Global Minimum Tax End the Race to the Bottom?

In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.

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A New Trade War? Digital Taxes Explained