Reuters exclusively reported, according to a draft communique, that the world’s financial leaders will endorse on July 9-10 a deal setting a global minimum corporate tax and call for technical work to be finished so they can approve the framework for implementation in October. G7 finance ministers backed earlier this month a global minimum tax rate of at least 15% and thresholds for divvying up governments’ rights to tax the profits on cross-border commerce, but the G20 draft did not make any reference to that number.
Business & Finance
Reuters exclusively reports G20 to endorse deal on global minimum corporate tax
22 June 2021, 1:14 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story