Today news
About the same in other media
G20 leaders to endorse Biden proposal for global minimum corporate tax
Reading now: 184
Leaders of the world’s 20 biggest economies will endorse a US proposal for a global minimum corporate tax of 15%, draft conclusions of the two-day G20 summit in Rome showed on Saturday.
The G20 plans to have the rules in force in 2023.
“This is more than just a tax deal, it’s a reshaping of the rules of the global economy,” a senior US official told reporters.
The agreement, drawn from proposals drawn up by the Organisation for Economic Co-operation and Development (OECD), is designed to safeguard tax revenues and offer stability to businesses that operate across national borders.
“The fact that we agreed on this new international tax system is good news for all of us, it’s clearly a revolution in the international tax system,” said the French
Read more on theguardian.comAbout this in other media
Biden calls on FTC to probe anti-consumer behavior by energy companies as gas prices soar cnbc.com /3 years ago
Biden-Xi summit highlights tensions – and desire for cooperation theguardian.com /3 years ago
‘America is moving again’: Joe Biden signs hard-fought $1tn infrastructure deal into law theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
