G20 finance ministers endorse historic global deal on tax reform ...Qatar

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G20 finance ministers yesterday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years of negotiations. “After many years of discussions and building on the progress made last year, we have achieved a historic agreement on a more stable and fairer international tax architecture,” the final statement said. “We endorse the key components of the two pillars on the realloca

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Last updated : 10 July 2021 clock 09:31 PM

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G20 finance ministers endorse historic global deal on tax reform ...Qatar

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