A stalemate in Washington could destroy a landmark tax deal, painstakingly hammered out between 140 countries.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. A stalemate in Washington could destroy a landmark tax deal that was painstakingly hammered out among 140 countries over the better part of a decade.
” It will also mean that large tech companies will have to contend with inconsistent tax codes around the globe, as national taxes proliferate “When companies are feeling secure and can predict where policy is going and what the global financial outlook will be for the foreseeable future, they are much more confident in making investments,” said Megan Funkhouser of the Information Technology Industry Council, a group that represents the tech sector.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bleav Georgia Tech: Georgia Tech Football Recruiting Update Ahead Of Big Month Of Official VisitsThe month of June is going to be a big one around college football and Georgia Tech. The Yellow Jackets have added three commitments to their 2025 class in the
Read more »
Why Big Tech Is Pumping Big Money Into Companies Pulling CO2 From the AirA wave of funding announcements from Microsoft, Salesforce and other tech giants pours millions into new projects to pull CO2 directly from the air.
Read more »
The US Supreme Court Has Handed Big Tech a Big GiftBy shifting regulatory power away from government agencies and to the courts, recent SCOTUS rulings may be a boon for a tech industry under fire.
Read more »
At least 49 dead and 140 missing migrant boat sinks near Yemen, UN agency saysA boat transporting some 260 Somalis and Ethiopians from Somalia to Yemen sank in the Gulf of Aden, leaving at least 49 dead and 140 missing, according to the U.N.
Read more »
At least 49 dead and 140 missing after migrant boat sank off the coast of YemenAmong the dead were 31 women and six children.
Read more »
The Saban 250: No. 131-140, Alabama's had its Share of Unsung Heroes tooBy the time his senior year rolled around, University of Alabama tight end Michael Williams was getting a little frustrated. Yes, he had been part of not one, b
Read more »