President Joe Biden said Wednesday that he will push for the adoption of a global minimum corporate tax rate to reduce opportunities for tax-rate arbitrage by American corporations that reduce their U.S. tax burden by shifting profits to low-rate tax havens. “I’ve also proposed a global minimum tax, which is being proposed around the world…
Biden Calls for Global Minimium Tax Rate to Target US Companies In Tax Havens
April 8, 2021
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BusinessEconomieseconomyExecutive Branchglobal minimum tax rateInvestmentJoe BidenPolicyPoliticstax hikeUSUS News
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