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multinational-companies

The prevailing sachet economy: An engineered poverty trap
Academia 3 months ago

PREMIUM
The prevailing sachet economy: An engineered poverty trap

The sachet economy's environmental burden attacks the core asset of the poor, their health, confirming the decline of human capital. 
Global minimum tax means RI needs other incentives to lure investors
Regulations 1 year ago

PREMIUM
Global minimum tax means RI needs other incentives to lure investors

The global minimum tax aims to prevent a race to the bottom where countries outdo one another by lowering taxes for multinational companies, but it means Indonesia must rely on other incentives to lure investors. However, the effectiveness of the arrangement is in doubt after United States President Donald Trump declared it “has no force or effect” in the US.
Mitigating the effect of global minimum tax
Academia 2 years ago

PREMIUM
Mitigating the effect of global minimum tax

The global minimum tax of 15 percent renders various fiscal incentives provided by the government to attract foreign investment in the form of tax allowances, tax holidays and super deduction tax, ineffective.
The global trend of a global minimum tax
Academia 3 years ago

PREMIUM
The global trend of a global minimum tax

Base erosion and profit shifting (BEPS) practices cost countries US$100-240 billion in lost revenues annually, which is equivalent to 4-10 percent of the global corporate income tax revenue.
US multinationals grapple with soaring dollar
Economy 3 years ago

US multinationals grapple with soaring dollar

For an importer, the surge in the greenback against the euro, yen or British pound is a plus, because it makes the products they buy cheaper.
Working on the G20 international tax reform homework
Academia 4 years ago

PREMIUM
Working on the G20 international tax reform homework

A study (missingprofits.world) estimated that Indonesia lost US$2.47 billion in state revenue as multinational entities shifted their profit from the country.
The global tax devil is in the details
Opinion 4 years ago

The global tax devil is in the details

Only a small fraction of profits in excess of a certain threshold are to be allocated – implying that the total share of profits to be allocated is indeed small. 
Multinational companies account for nearly a fifth of global CO2 emissions: Researchers
World 5 years ago

Multinational companies account for nearly a fifth of global CO2 emissions: Researchers

The global supply chains of multinational companies such as BP, Coca-Cola and Walmart are responsible for nearly a fifth of climate-changing carbon dioxide emissions, according to a new study.
Asia to have largest GDP: Here’s what that means
Opinion 6 years ago

Asia to have largest GDP: Here’s what that means

In 2020 Asia’s gross domestic product will overtake gross domestic product (GDP) of the rest of the world combined. By 2030, the region is expected to contribute roughly 60 percent of global growth. 
Jokowi ready with bold reform agenda to lure foreign investment
Business 6 years ago

PREMIUM
Jokowi ready with bold reform agenda to lure foreign investment

Jokowi has given his ministers a month to identify and revise ministerial regulations deemed harmful in the government’s efforts to attract foreign direct investment.
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