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China says it will continue to work for ‘fairer’ global minimum tax rate that could force tech giants to pay more

Summary:
[unable to retrieve full-text content]China has reiterated its commitment to a global minimum tax scheme that would target global technology giants.Finance Minister Liu Kun said on Friday that the introduction of a global minimum corporate tax rate of 15 per cent would help to create a fair and sustainable international tax system.“China is a big digital economy. We have always adhered to the spirit of multilateralism and an open and cooperative attitude,” Liu told a press conference. “We have actively participated in the…

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[unable to retrieve full-text content]
China has reiterated its commitment to a global minimum tax scheme that would target global technology giants.Finance Minister Liu Kun said on Friday that the introduction of a global minimum corporate tax rate of 15 per cent would help to create a fair and sustainable international tax system.“China is a big digital economy. We have always adhered to the spirit of multilateralism and an open and cooperative attitude,” Liu told a press conference. “We have actively participated in the…

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