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Joe Biden’s push for near 21 per cent global minimum corporate tax ‘ possible’, top official says

Summary:
[unable to retrieve full-text content]US President Joe Biden’s proposal to set a minimum global corporation tax at 21 per cent is gaining momentum, with the official running international talks on the matter saying that an agreement could settle near that rate.The Biden administration’s plan has turbocharged negotiations at the Organisation for Economic Cooperation and Development (OECD) on how to overhaul rules on how much tax companies pay, and where.The US suggestion, while subject to negotiations in the US Congress, would be…

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[unable to retrieve full-text content]
US President Joe Biden’s proposal to set a minimum global corporation tax at 21 per cent is gaining momentum, with the official running international talks on the matter saying that an agreement could settle near that rate.The Biden administration’s plan has turbocharged negotiations at the Organisation for Economic Cooperation and Development (OECD) on how to overhaul rules on how much tax companies pay, and where.The US suggestion, while subject to negotiations in the US Congress, would be…

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