World leaders reach landmark deal on a global corporate tax rate

Nations reach landmark deal on tax rules

Officials from 136 countries and territories have reached a landmark deal to ensure large companies pay their fair share of tax. The agreement sets out a minimum corporate tax rate of 15 percent.

Reactions to landmark global corporate tax deal

Reactions were swift to a 136-country agreement announced by the Organisation for Economic Cooperation and Development on Friday setting a minimum global tax rate for big companies of 15% and...

Nearly 140 Countries Reach Deal On Corporate Minimum Tax

Under the agreement announced Friday, countries would enact a global minimum corporate tax of 15% on the biggest, internationally active companies.

India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal

A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.

Global corporate tax deal reached as countries set 15 per cent minimum rate

A deal that sets a global minimum corporate tax rate has been agreed to by 136 countries. But some NGOs criticised the deal's many exemptions, with Oxfam saying it effectively had "no teeth".

136 countries reach an agreement to distribute MNEs profits among customer-centric countries and introduce a minimum global tax rate of 15%

Following years of intense negotiations, an agreement was reached among 136 countries and jurisdictions (which includes all Oecd member countries and G-20 countries) that Multinational Enterprises will be subject to a minimum 15 per cent global tax rate from 2023. Four countries - Kenya, Nigeria, Pakistan and Sri Lanka - have not yet joined the agreement.