Saturday, April 20, 2024
On October 8, 2021, 136 countries agreed to a global minimum tax rate of 15%. It is now up to Congress to approve the deal, but US lawmakers are divided. Proponents suggest that the global minimum tax will end tax competition, where large corporations avoid paying higher taxes in their […]
El Salvador became the first country to adopt the cryptocurrency Bitcoin as their legal tender. As a result, if Salvadorans use Bitcoin as payment for goods and services and taxes, the payee must accept it. To incentivize public use, citizens who download the government’s digital wallet, Chivo, receive $30 in […]
Disclaimer: Some readers may find the content herein distressing. Please read with caution. For twenty-three years, Tunisian president Zine El Abidine Ben Ali led a bloody dictatorship marred with killings, torture, and severe corruption. In 2011, he was ousted from power and fled to Saudi Arabia, where he died in […]