What’s up with Being GILTI?

Tax Policy – What’s up with Being GILTI? The Tax Cuts and Jobs Act made significant changes to the way U.S. multinationals’ foreign profits are taxed. GILTI, or “Global Intangible Low Tax Income,” was introduced as an outbound anti-base erosion provision....

Complexity of Labor Taxes in Europe

Tax Policy – Complexity of Labor Taxes in Europe Today we continue our series on tax complexity with a map showing the hours it takes businesses across Europe to comply with labor taxes. Tax complexity imposes a real cost on businesses and the economy....