Global Tax Talks Waver as Pandemic Hits Government Coffers

The coronavirus pandemic blew a hole in world wide tax collections when know-how corporations prosper in the operate-from-home setting. That combination is placing additional strain on already-contentious global negotiations in excess of how nations divide up billions in taxes on the gains of multinational organizations.

Experiencing increasing price range deficits, nations around the world are increasingly hesitant to trade absent earnings for the certainty of new regulations. Income attained by U.S. tech giants these kinds of as Alphabet Inc.’s Google and Fb Inc. are…

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Global Coalition of Legislators Faces Challenges Countering China

HONG KONG—The formation of an unconventional coalition of formulated-globe lawmakers demonstrates how misgivings about Beijing’s modern assertiveness have rippled across the world.

But as the group’s rolls swell, with a assorted array of members across the political spectrum, it faces queries about no matter whether it can muster plenty of unity to force again on China in significant ways and counter Beijing with anything at all outside of public rhetoric.


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