Qatar- US Treasury calls for more taxes on overseas profits – MENAFN.COM
Qatar- US Treasury calls for more taxes on overseas profits – MENAFN.COM
(MENAFN - Gulf Times) President Joe Biden's Treasury Department is calling for a 'more robust minimum tax on profits earned by American Corps overseas to remove incentives for companies to shift earnings outside US borders.
Making such a change is critical to maintaining domestic tax revenues and protecting American workers, Kimberly Clausing, the Treasury's deputy assistant secretary for tax