Thursday, October 14, 2021

Nations agree to 15% minimum corporate tax rate - BBC News

Nations agree to 15% minimum corporate tax rate - BBC News
  • Most of the world's nations have signed up to a historic deal to ensure big companies pay a fairer share of tax.
"...It follows concern that multinational companies are re-routing their profits through low tax jurisdictions.
...Yet it also said it did not seek to "eliminate" tax competition between countries, only to limit it.
...Countries will also have more scope to tax multinational companies operating within their borders, even if they don't have a physical presence there...Read all.

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