Biden targets multinationals with global tax reform; US president says a global levy on profits - divided by sales in the areas where firms operate - could solve the impasse, reports Tim Wallace
Death and taxes might be the only two certainties for most of us, but businesses are not bound by the normal constraints of mortality so only have the latter to worry about.
Companies often have more options available to reduce that tax bill, too, particularly when they operate internationally. They are entirely within their rights to do so: no individual or business should be expected to hand over more of their hard-earned cash to the taxman than the law requires.
However, it does n...