Global Tax Update: Canada to implement minimum tax
The Canadian Government is introducing a new 15% minimum tax for HNWIs. This is in addition to its already announced plans to implement a new tax on non-resident, non-Canadian owners…
US to require disclosure of taxpayer cash-flows from all financial institutions
The United States Treasury Department has announced that it intends to require all US financial institutions to henceforth file annual reports on aggregated inflow / outflow of funds from every…
US argues for global minimum corporate tax
US Treasury Secretary Janet Yellen argued this week for the imposition of a global minimum corporate tax rate. Her comments were set in the context of increasing U.S. corporate taxes…