Edition:
International

Tom Bergin

How Reuters compared U.S. corporations' taxes with their foreign rivals

Jun 22 2021

Reuters analyzed the filings of hundreds of U.S. and foreign companies to compare their tax bills, finding that the U.S. firms currently pay far lower taxes - and would likely continue to pay lower taxes under a tax hike proposed by U.S. President Joe Biden.

Even after Biden tax hike, U.S. firms would pay less than foreign rivals

Jun 22 2021

U.S. companies pay less income tax than their overseas competitors and would likely continue to do so under a tax hike proposed by President Joe Biden, according to a Reuters analysis of filings by hundreds of U.S. and international firms.

Analysis: G7 global tax plan may hit corporate titans unevenly

Jun 10 2021

LONDON An agreement by wealthy nations aimed at squeezing more tax out of large multinational companies could hit some firms hard while leaving others - including some of the most frequent targets of lawmakers’ ire - relatively unscathed, according to a Reuters analysis.

Court action seeks probe of Trump’s Scottish golf course buys

May 24 2021

The Scottish government is facing a new legal challenge over its February rejection of a motion to investigate former U.S. President Donald Trump's all-cash purchases of two golf courses, reviving an effort to force Trump to disclose how he financed the deals.

EXCLUSIVE-Court action seeks probe of Trump’s Scottish golf course buys

May 24 2021

May 24 The Scottish government is facing a new legal challenge over its February rejection of a motion to investigate former U.S. President Donald Trump's all-cash purchases of two golf courses, reviving an effort to force Trump to disclose how he financed the deals.

Greensill insurance mystery turns up the heat on Credit Suisse

Apr 01 2021

LONDON Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters.

Italy guaranteed 86 mln euro Greensill loan to Gupta steel arm, filing says

Mar 18 2021

LONDON, March 19 The Italian government guaranteed an 86 million euros ($102 million) loan from Greensill Bank, part of the collapsed Greensill Capital group, to one of steel magnate Sanjeev Gupta’s firms, according to accounts filed with the Italian corporate registry in recent weeks.

Greensill Capital files for insolvency, administrators appointed

Mar 08 2021

LONDON Greensill Capital filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said in its court filing that its largest client, GFG Alliance, had started to default on its debts.

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