The President Joe Biden-led government is set to begin the payment of Child Tax Credit to low and moderate income households. The Child Tax Credit, which is a key component of Joe Biden’s American Rescue Plan, is slated to commence first-ever monthly cash payments on July 15, when the IRS will begin sending checks to […]
The Council of the European Union (EU ) has raised questions on Washington’s demands on countries to roll back national “unilateral” tech taxes as soon as a global levy on multinational companies is agreed on. A news report by POLITICO, an online platform, indicated that the Council’s opposition to the U.S. government’s fiscal stance was […]
President Joe Biden’s campaign promise to crack down on tax-evading multinationals and recent call for a global minimum corporate tax rate has continued to elicit reactions from major players in the global economic space as some fear that President Biden’s plan may hinder developing economies’ Covid-19 recovery. The President had in April, as part of […]