taxes
Following Mario Draghi’s report on “The Future of European Competitiveness,” the European Union has become more attentive to the challenges posed by the lagging productivity growth that stems from declining innovation. The primary thrust of the report is to establish a new, Brussels-centered industrial policy that includes substantial subsidy programs, policy harmonization and tariffs designed to […]
The landscape of global tax policy is undergoing a significant shift as the Organisation for Economic Co-operation and Development (OECD) spearheads multiple initiatives to increase taxes on international businesses and cross-border investment. The early success of the OECD’s “inclusive framework” used to forge consensus on global business tax increases has emboldened some policymakers to try to […]