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Home / South China Morning Post / China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules

China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules

Summary:
[unable to retrieve full-text content]China has been urged to join a push by the United States for a global minimum tax rate, with experts saying it is an opportunity for Beijing to participate in international economic governance and create a common ground with Washington as high-level trade talks resume between the world’s two biggest economies.The corporate tax floor of 15 per cent, agreed in a landmark accord by Group of Seven (G7) finance ministers at the weekend, could form the basis of a worldwide deal that US Treasury…

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[unable to retrieve full-text content]
China has been urged to join a push by the United States for a global minimum tax rate, with experts saying it is an opportunity for Beijing to participate in international economic governance and create a common ground with Washington as high-level trade talks resume between the world’s two biggest economies.The corporate tax floor of 15 per cent, agreed in a landmark accord by Group of Seven (G7) finance ministers at the weekend, could form the basis of a worldwide deal that US Treasury…

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