You'll be unsurprised that the OECD has agreed to give the US the 'carve out' Trump demanded from minimum corporate taxation that was initially agreed in 2021.

There is now also a review point to allow any country that has introduced 'minimum tax requirements' on corporations to also gain a carve out for their multinationals - leaving Multinational Corporations' tax planning largely in pace & whatever the OECD says, watering down the intent of the original agreement.

#tax #MNCs
h/t FT

#Corrupt #regime legalizes corruption🤬👎

#Trump pauses enforcement of law banning foreign #bribery
"ordered a pause in enforcement of #federal #law aimed at curbing #corruption in #MNCs.. Foreign Corrupt Practices Act makes it illegal for cos tt operate in #USA to pay foreign #government #officials to secure biz. Cos tt hv paid fines under e Act incl Siemens, Ericsson &, in a case in 🇹🇭, US farm equip maker Deere. 2020 #GoldmanSachs agreed to pay >$2.9b to resolve charges"
https://www.bangkokpost.com/business/general/2959030/trump-pauses-enforcement-of-law-banning-foreign-bribery

If You Have an Enemy, Then Buy Them a Car: Gig Workers vs. Multinational Corporations in India

"In conversations with gig workers based in Bangalore and Kolkata, I investigated how gig work compounds the insecurity and precarity of already-marginalized groups in India, particularly along caste, class, and citizenship status lines," writes Agnee Ghosh.

#GigWorkers #economy #labour #labor #ola #uber #swiggy #zomato #AIGWU #caste #religion #discrimination #CasteDiscrimination #islamophobia #CAS #NRC #unemployment #business #MNCs #india

https://logicmag.io/supa-dupa-skies/if-you-have-an-enemy-then-buy-them-a-car-gig-workers-vs-multinational/