Latest Breaking News On - Inclusive framework members - Page 3 : comparemela.com

Global tax deal backed by 130 countries Posted : 2021-07-02 11:28 Updated : 2021-07-02 11:28 In this June 7, 2017, file photo, the Organisation for Economic Co-operation and Development (OECD) headquarters is pictured in Paris. Some 130 countries have backed a global minimum tax as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. AP-Yonhap A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign up. The Organization for Economic Co-operation and Development said in a statement that global companies, including U.S. behemoths Google, Amazon, Facebook, and Apple would be taxed at a rate of at least 15 percent once the deal is implemented.

United statesFrance generalUnited kingdomBruxelles capitalePaschal donohoeMathias cormannJanet yelletJoe bidenOrganization for economicOrganisation for economicEuropean unionEconomic cooperationSecretary janet yelletRishi sunakFinance minister paschal donohoeGreek finance minister christos staikouras