Page 4 - கிறிஸ் சாங்கர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UK open to backing US plans for global minimum corporate tax European leaders swing back US Treasury Secretary Janet Yellen s proposals for a global floor on corporate tax 6 April 2021 • 7:29pm The Treasury is gearing up to back US calls for a global minimum corporate tax rate as European leaders swing behind a radical plan put forward by the Biden administration. It is understood the UK Government recognises that the proposal is likely to form part of a global tax overhaul that will also target tech giants, after US Treasury Secretary Janet Yellen pressed the case earlier this week. German finance minister Olaf Scholz and EU economic affairs commissioner Paolo Gentiloni signalled their support for the overhaul on Tuesday.  Both said a deal could be struck by the summer, with Mr Scholz arguing it could end a “race to the bottom in taxation”.

United kingdomOrkney islandsJanet yellenOlaf scholzEamonn butlerChris sangerPaolo gentiloniAdam smith instituteEuropean unionUnited kingdom governmentSecretary janet yellenBritish treasurySilicon valleyஒன்றுபட்டது கிஂக்டம்ஆர்க்நீ தீவுகள்ஓலேஃப் ஸ்கோல்ஸ்