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Updated Apr 14, 2021 | 13:27 IST The US administration is looking to impose a “minimum tax” on global profit pools of multinationals that pay less than a certain percentage tax in other countries. Representational image  New Delhi: Large Indian information technology (IT) and pharmaceutical companies that also have operations in the United States stare at a possible jump in tax outgo amid the Biden administration’s plan to introduce new levies on multinationals. The US administration is looking to impose a “minimum tax” on global profit pools of multinationals that pay less than a certain percentage tax in other countries. The Economic Times citing tax experts mentioned in a report that this would essentially mean that any company that doesn’t pay at least 28% tax on their profits in any country will face additional levies in the US.

United statesNew delhiGirish vanvariIndian sezsLarge indianEconomic timesSpecial economic zonesTransaction squareஒன்றுபட்டது மாநிலங்களில்புதியது டெல்ஹிகிரீஷ் வான்வாரிபெரியது இந்தியன்பொருளாதார முறைசிறப்பு பொருளாதார ஸோந்ஸ்பரிவர்த்தனை சதுரம்