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A S IS OFTEN the case in multilateral matters, America held the key. When Janet Yellen, its treasury secretary, announced earlier this year that it was time to end the “race to the bottom” on corporate tax, her remarks supercharged sputtering talks over a global deal to overhaul how much tax multinational companies pay, and where. Talks are focused on two main changes: reallocating taxing rights towards countries where economic activity takes place, rather than where firms choose to book profits; and setting a minimum global tax rate, likely to be in the region of 15%. Finance ministers from the G7 group of rich countries are set to signal their approval at a meeting on June 4th-5th. The broader

United statesHong kongBritish virgin islandsCayman islandsPaschal donohoeJanet yellenHans vijlbriefEuropean unionDouble irishGrand duchyஒன்றுபட்டது மாநிலங்களில்ஹாங் காங்பிரிட்டிஷ் கன்னி தீவுகள்கேமன் தீவுகள்பாஸ்கல் தொனொோேஐரோப்பிய தொழிற்சங்கம்