15% minimum global corporate tax deal marred by loopholes The Associated Press // October 25, 2023 // The Apple logo, in rainbow colors, is shown at a company's store in Frankfurt, Germany on July 31.

A global agreement on a minimum corporate tax rate borders on price-fixing collusion (“U.S. Wins Backing for Global Minimum Corporate Tax Rate,” Page One, July 2). The Biden administration ...

A vast overhaul of corporate taxation won support from 136 countries, as governments resolved key differences over the level of a global minimum rate and put an end to new digital taxes that the U ...

Now that we know the Biden administration’s ideal rate for a global minimum corporate tax — 21% — it’s a bit easier to look at what that rate might mean, particularly for developing countries.

The global minimum tax – more commonly known as “Pillar Two” – is fairly straightforward. The Organization for Economic Cooperation and Development (OECD) provides a template for nations ...

Many major multinational companies must for the first time ever pay a global minimum tax of at least 15% on corporate profits. The landmark tax reforms went into effect Monday, nearly three years ...

Ireland's corporate tax rate is only 2.5 percentage points lower than the global minimum. Hundreds of sovereign and independent countries must coordinate tax strategy.

The G7 accord feeds into a much broader, existing effort. The Organisation for Economic Co-operation and Development has been coordinating tax negotiations among 140 countries for years on rules for ...

Taxpayers Beware Of The Global Minimum Corporate Tax. BySteve Forbes, Forbes Staff. “With all thy getting, get understanding." Follow Author. Apr 16, 2021, 06:00am EDT Updated Apr 16, 2021, 12 ...

The appeal of a global minimum tax to countries like France (and, until the 2017 tax reform law, the United States) that assessed high corporate tax rates is the opportunity to have their cake and ...

As long as there are corporate taxes there will be arguments about what is fair, competitive and how to avoid a “race to the bottom” (“U.S. Aims for Global Minimum Corporate Tax Rate ...

From June 11-13 in Cornwall, England, leaders from the G-7 group of industrialized nations affirmed a proposal to rewrite international tax rules for multinational corporations. While still in its… ...