Trump Expands Trade Battle: A New Focus on Global Taxes and Regulations

Trump Expands Trade Battle: A New Focus on Global Taxes and Regulations
2 months ago

In an aggressive move that signals a continuation of his contentious trade policies, former President Donald Trump is broadening the scope of his trade fight to include global taxes and regulatory measures. This development comes as a response to rising concerns among American businesses regarding competitiveness in the international market, particularly as other nations implement fiscal policies that could undermine U.S. interests.

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Turkey Introduces 10% Minimum Corporate Tax to Reduce Budget Gap

Turkey Introduces 10% Minimum Corporate Tax to Reduce Budget Gap
6 months ago

In one major move to help overcome its rising budget deficit, Turkey announced a minimum 10% corporate tax. This is off the books from the 28th of September 2024 and serves as a new regulation aimed at increasing the country's revenue by making sure even the most profitable corporations contribute a share to the country's coffers.

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