World leaders reach landmark deal on a global corporate tax rate
The Organisation for Economic Cooperation and Development on Friday announced a major breakthrough on corporate tax rates, after years of disagreement.BIAS COVERAGE DISTRIBUTION
OECD says deal on global minimum corporate tax rate has been reached
A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and Development said on Friday. The OECD said four countries - Kenya, Nigeria, Pakistan and Sri Lanka - had not yet joined the agreement.
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.
Nations agree to 15% minimum corporate tax rate
The historic deal is designed to make big corporations pay a fairer share of tax around the world.
OECD deal imposes global minimum corporate tax of 15%
Accord signed by 136 countries will enable them to raise tax on sales made by multinationals within their borders
Nearly 140 countries agree on global minimum corporate tax rate
Under the agreement announced Friday, countries would enact a global minimum corporate tax of 15 per cent on the biggest, internationally active firms, reaping an estimated $150 billion US for government coffers once implemented.
OECD says deal reached on global minimum corporate tax rate
A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and Development said on Friday.
Landmark Global Corporate Tax Deal Finally Finds Agreement
A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field.
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 deal to ensure companies pay at least 15% tax agreed by 136 nations
Minimum rate aimed at deterring corporations from moving money to tax havens and could raise £110bn worldwide
EXPLAINER: How global deal stems corporate use of tax havens
Complex global talks have forged a deal on sweeping changes in how multinational companies are taxed
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