Officials from 130 countries on June 1 agreed to establish a new framework for international tax reform, the Organisation for Economic Cooperation and Development (OECD) announced. The two-pillar package would mean that multinational companies, including Big Tech, would be forced to pay a minimum 15 percent tax in each country they operate in, regardless of whether firms have a physical…
130 Countries Back Global Minimum Corporate Tax of 15 Percent, Despite Vocal Opposition
July 2, 2021
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