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A Global Deal Aimed at Ending Tax Havens Gains Momentum


People with knowledge of the negotiations said that while the 15 percent rate was essentially a done deal, some of the world’s biggest countries continued to battle for exemptions to dampen its impact on longstanding economic models that have helped draw investment and create jobs.“I’m fully determined to pave the way for a consensus because we are one millimeter away from a global agreement on a new international taxation system for the 21st century,” Bruno Le Maire, France’s finance minister, said on CNBC on Wednesday. “Of course there are some member states asking for a delay, asking …

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