US President Joe Biden has announced details of his plan to raise an additional $2.5 trillion in corporate taxes over the next 15 years. The money will be used to help fund a massive investment in America's infrastucture.
The proposal may also boost efforts to overhaul the global system for taxing multinational companies, and in particular technology giants. Plans to establish or expand a global minimum corporate tax, and reallocate firms' tax liabilities based on where they make money could help secure agreement in ongoing negotiations on the issue at the OECD.
Scammers are stealing millions of dollars from Canada by claiming to be from the Canada Revenue Agency in telephone calls. We trace the calls back to illegal call-centres in India and meet a former employee and local police who say the RCMP isn’t doing enough to stop the perpetrators.