Alexander Arnon of the Penn Wharton Budget Model commented on the Biden administration’s proposed 21% tax on multinationals’ foreign earnings. The tax “effectively spells the end of the tax haven as we have come to know it,” said Arnon.
https://www.washingtonpost.com/politics/bidens-corporate-tax-plan-takes-aim-at-income-inequality/2021/04/30/a374186a-a9c4-11eb-a8a7-5f45ddcdf364_story.html The Washington Post