PARIS A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said leveled the playing field.
A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
Many developing countries have said their interests have been ignored and that wealthy nations were likely to continue dividing up the spoils of foreign direct investment.
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