G8

Nations pulling together to fight multinational corporation freeloaders

Last month in Great Britton the collection of the world’s top eight economic nations (the G8) decided to get tough on multinational corporations evading paying taxes.  Last week the top 20 economic nations (the G-20) endorsed the outline of a plan to do the same thing. The full plan by…

The G8 nations and small businesses have something in common

The split in business opinion (see story below) on whether the economic world powers represented at the G8 summit should crack down on offshore tax havens that deprive nations of corporate tax revenue is easily understood.  Organizations like the U.S. Chamber of Commerce, which represents multinational corporations, want to protect…