PREVIOUS
✖
Global corporate tax deal
June 12 , 2021
1265 days
849
0
- Finance ministers from wealthy G7 nations have endorsed a new global corporate tax deal.
- The agreement will now be discussed in detail at a meeting of G20 financial ministers and central bank governors in July.
- The aim is to counter tax avoidance to make companies pay in the countries where they do business.
- The agreement commits states to a global minimum corporate tax rate of 15% to avoid countries undercutting each other.
Leave a Reply
Your Comment is awaiting moderation.