Global Minimum Tax May Not Make It Past the U.S. Congress

In the Senate, two Democrats remain holdouts, and businesses have not signed on to the idea as Treasury expected them to.

By Laura Davison | May 18, 2022 at 03:30 PM

Treasury Secretary Janet Yellen's success in securing the biggest global corporate-tax reform in decades risks flopping in her own country's legislature, potentially sowing the seeds for renewed international tensions in coming years.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

Accounting & Tax

News

1 Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

2 Fed’s Focus Has Returned Firmly to Inflation

3 Fed Lowers Interest Rates by a Quarter Point

4 Fabricating a Treasury Function from Scratch to Support an $18 Billion Business

5 U.S.–Euro Rates Gap Is Set to Widen Again

Insurance
Complex Claims & Litigation Forum 2025
February 24, 2025 - Las Vegas

This conference aims to help insurers and litigators better manage complex claims and litigation.
More Information
GlobeSt. Multifamily Spring 2025
April 01, 2025 - New York

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
GlobeSt. Net Lease Spring 2025
April 01, 2025 - New York

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.
More Information

Americans Like the Employer Health Benefits Tax Exclusion: Will It Remain Under Trump?

By Allison Bell | December 03, 2024

The American Benefits Council found most that voters back current rules, while America’s Health Insurance Plans found bipartisan support.

Americans Like the Employer Health Benefits Tax Exclusion: Will It Remain Under Trump?

Overcoming Capacity Constraints to Minimize Accounting Errors

By Mallory Barg Bulman | June 13, 2024

Finance teams should prioritize the technology acceptance rate over the number or frequency of tech enhancements.

Overcoming Capacity Constraints to Minimize Accounting Errors

Minimizing Tax Cost in Shutting Down a Captive Insurance Company

By Mark L. Lubin | June 07, 2024

With careful planning, corporate leaders can often avoid substantial tax liabilities when they make a former captive's assets available to meet the future business needs of related entities.

Minimizing Tax Cost in Shutting Down a Captive Insurance Company

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Instant Insights /