The U.S. has one of the lowest tax burdens of any developed country – and President Trump's tax reform may push that figure even lower, according to research by international accounting network UHY, which studied 34 countries worldwide to calculate how much of each country's GDP is taken by the
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“Russia is totally unwilling to separate gas and politics — from their perspective it's the same and gas plays a very important instrument in achieving a wider geopolitical agenda,” he said in a Bloomberg Television interview earlier Wednesday. Russia is meanwhile boosting its shipments to the continent
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Starbucks Corp. is aiming to eliminate pay disparities based on gender and race, a move that it says will level the field for employees across the globe. The coffee giant said Wednesday it would achieve and maintain 100 percent equal pay for all its employees, known as partners, who perform similar
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The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook and Amazon (termed GAFA in Europe), Uber and Airbnb. This controversial levy breaks global tax accords, in place since the
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A budding dispute over plans to develop a port in Somaliland risks destabilizing the Horn of Africa region, the semi-autonomous territory's foreign minister said. Saad Ali Shire's comments raise the stakes in a standoff between Somaliland and Somalia, which this month declared the planned harbor
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