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Multinational Corporations

Are American Corporations Really Less Competitive Because of Taxes?

Dave Johnson | Posted 10.20.2014 | Business
Dave Johnson

Corporations are complaining that this (lowered) rate makes them "uncompetitive" and are demanding "corporate tax reform." Because job creators -- or something. This time they threaten to -- or do -- renounce their U.S. citizenship. But are corporate tax rates really "uncompetitive"? And what does that even mean?

The African Youth Movement for Social and Economic Prosperity

Barry Segal | Posted 10.08.2014 | Impact
Barry Segal

We cannot afford to stand at the sidelines and watch people do things for us. Developing a resilient entrepreneurial base and private sector can sustain economic growth and produce real economic and social gains in Africa.

The Increasing Irrelevance of Corporate Nationality

Robert Reich | Posted 09.27.2014 | Business
Robert Reich

Who's us? Who's them? Increasingly, corporate nationality is whatever a corporation decides it is. So instead of worrying about who's American and who's not, here's a better idea: Create incentives for any global company to do what we'd like it to do in the United States.

A Simplified Way to Tax Multinational Corporations

Dave Johnson | Posted 09.14.2014 | Business
Dave Johnson

The epidemic of tax inversions represents just one of many ways corporations are dodging their taxes by taking advantage of our outdated and rigged corporate tax system.

International Corporate Volunteering: Profitable for Multinational Corporations

Alice Korngold | Posted 05.07.2014 | Business
Alice Korngold

People from multinational corporations head off and volunteer for weeks or months in another country, leaving their work behind for others to do. Building a better world is good for business.

Trade Yes, But a Different Track

Larry Cohen | Posted 04.06.2014 | Politics
Larry Cohen

Voters overwhelmingly expect the TPP to be a good deal for large corporations at the expense of small businesses:

Obama's Max Baucus Debacle

Peter Navarro | Posted 02.19.2014 | Business
Peter Navarro

The appointment of Max Baucus to be the new Ambassador to China is a slap in the face to every working man and woman - and unemployed worker - in America.

Time for a Holiday That Brings Full Employment

Munir Moon | Posted 02.07.2014 | Politics
Munir Moon

By removing the Scrooge-like obstacles embedded in the tax code, exiled cash could be fueling our sputtering American economy instead of creating jobs and investments in China or Vietnam by American multinational corporations.

Are Indian Companies Facing a Global Trust Deficit?

Shehzad H. Qazi | Posted 01.23.2014 | Business
Shehzad H. Qazi

Trust in Indian firms has declined over the past two years. While in 2010 and 2011 India was the most trusted emerging market country, in 2013 it has fallen even below the emerging market average.

POSCO vs. The People: Transnational Investments Threaten Forced Evictions in India

Terra Lawson-Remer | Posted 01.23.2014 | World
Terra Lawson-Remer

In India, residents of Odisha decry government ineptitude and corruption for jeopardizing their property rights and livelihoods. POSCO likewise criticizes the government for not effectively resolving land disputes, which have delayed construction.

A Corporate Tax Idea That Fixes Lots of Problems

Dave Johnson | Posted 10.30.2013 | Business
Dave Johnson

Some people say we should just repeal the rule that lets companies defer taxes due on profits earned outside of the country until they bring it home. But that undoes the benefits that were the original reason to allow deferral.

Wage Raises for American Workers - Possible?

Nancy K. Humphreys | Posted 10.07.2013 | Business
Nancy K. Humphreys

This week fast food workers in New York City are demanding a raise to their minimum wage of $7.50 an hour. Why are American workers' wages so low, and...

Repatriation Tax Mistakes

Dave Johnson | Posted 10.02.2013 | Business
Dave Johnson

If you reward bad behavior you create an incentive for the bad behavior to continue. This is certainly the case with taxes on profits made outside the country.

Shedding Light on Advance Pricing Agreements

Jeremy Scott | Posted 09.22.2013 | Business
Jeremy Scott

U.S. multinationals, or at least some of them, aren't paying that much tax. Their marginal tax rates are falling, and lawmakers and the public are starting to notice.

Multinational Profits: Here, There, or Nowhere?

Martin Sullivan | Posted 08.10.2013 | Business
Martin Sullivan

Even for experienced international tax experts the technical and conceptual issues involved in determining where multinational profits should be located is enough to make one's head spin.

A Sour Apple

Robert A.G. Monks | Posted 08.06.2013 | Politics
Robert A.G. Monks

Globalization has had many effects, but one of the greatest seems to be that corporations now have so many "homes" that they pick and choose the locations that offer them the best regulatory and tax breaks.

A Better Way to Tax the Multinationals

Dave Johnson | Posted 08.03.2013 | Business
Dave Johnson

It is time for Americans to change to a tax system that really gets corporations to pay their fair share -- and stop letting them move their taxable income all over the world.

Upcoming Trans-Pacific Partnership Looks Like Corporate Takeover

Dave Johnson | Posted 07.14.2013 | Business
Dave Johnson

It will be sold as a trade agreement (because everyone knows that "trade" is good) but much of it appears to be (from what we know) a corporate end-run around things We the People want to do to reign in the giant corporations -- like Wall Street regulation, environmental regulation and corporate taxation.

G-20 Proposal to End Tax Evasion Won't Work

Martin Lobel | Posted 07.02.2013 | Business
Martin Lobel

The proposal, strongly supported by Treasury, will not work to prevent the biggest source of tax evasion -- multinational corporations use of transfer pricing to shift of profits to low or no tax countries -- and Treasury knows it and, indeed, has opposed OECD efforts to close that loophole.

Who Would Most Want the Price of Gold to Go Down? The Fed.

Terry Mollner | Posted 06.26.2013 | Business
Terry Mollner

When multinational corporations' leaders reach this higher level of personal maturity, they will end their rush to the bottom of low wages and poor community and environmental behavior and lead the planet in our rise from the bottom in these areas.

What Does It Mean To Be An "American" Corporation?

Dave Johnson | Posted 04.25.2013 | Business
Dave Johnson

Can we align the interests of giant corporations with our national, American interest? If we cannot, they should be stripped of their American corporate privileges and be required to do the same things as other entities that are not wedded to the national interest.

Why Is Treasury Protecting Tax Havens for Multinationals?

Martin Lobel | Posted 06.22.2013 | Politics
Martin Lobel

Everyone -- except Treasury, apparently -- agrees that our international tax system, which is based on transfer pricing, is broken.

REVEALED: Huge Drop In Amount Of Profits Corporations Pay In Taxes

www.washingtonpost.com | Posted 05.27.2013 | Business

Procter & Gamble, the Cincinnati-based company behind Pampers diapers and Tide detergent, reported a federal tax burden in 1969 that was 40 percent of...

A Rudderless One World Economy

Stephen Herrington | Posted 05.21.2013 | Business
Stephen Herrington

In our new borderless world economy, multinational corporations are overseeing the destruction of the global wage base. Multinationals think that's a good thing. It is a good thing for them individually in the short term. In the long term, collectively, it's a terminal illness.

Exempting Foreign Profits From Taxes Will Hurt US Economy

Martin Lobel | Posted 05.14.2013 | Business
Martin Lobel

Multinational corporations are aggressively pursuing a stealthy campaign to eliminate taxes on their "foreign" profits. Of course, such a policy is contrary to the Obama administration's objective to create jobs and will hurt domestic companies that have to pay taxes on their profits.