Breezy Caribbean island tax havens also declined to sign on, including Barbados, Saint Vincent and the Grenadines. Hungary and Estonia, which are keen to preserve their ultralow tax regimes, joined […]
Group of Seven
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Back to news homeGlobal Tax Deal Reached Among G7 Nations
She described the agreement as “significant” and “unprecedented.”“That global minimum tax would end the race to the bottom in corporate taxation, and ensure fairness for the middle class and working […]
Global Finance Leaders Start Talks for Tax Overhaul
Finance ministers from the Group of 7 nations started two days of high-stakes meetings in London on Friday, seeking to keep the global economic recovery on course and to make […]
U.S. Backs Global Minimum Tax of at Least 15% to Curb Profit Shifting Overseas
The Biden administration proposed a global tax on multinational corporations of at least 15 percent in the latest round of international tax negotiations, Treasury Department officials said on Thursday, as […]