Global Corporate Tax Deal Has Been Reached (user search)
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  Global Corporate Tax Deal Has Been Reached (search mode)
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Author Topic: Global Corporate Tax Deal Has Been Reached  (Read 1376 times)
Frodo
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« on: June 20, 2021, 10:15:54 PM »
« edited: July 01, 2021, 01:40:01 PM by Frodo »
Global tax deal expected by end of June
After years of political wrangling, officials are close to agreeing on a major overhaul of how the world’s biggest companies pay tax.
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Frodo
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« Reply #1 on: July 01, 2021, 01:38:47 PM »
We have an agreement:

130 Nations Agree to U.S. Proposal for Global Minimum Tax on Corporations
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Frodo
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« Reply #2 on: July 10, 2021, 03:20:47 PM »
G20 finance ministers sign off on global tax deal
The reform aims to stop multinationals from shifting their profits into tax havens.

Final approval however won't happen until this October, and then I presume it would have to pass the national legislatures of each participating country before it comes into effect.

There is still a long and winding road to travel yet.... 
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