CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Seeking Alpha 2021-06-05 16:27:19

G-7 finance ministers reach pact on global minimum corporate tax

Photo by Bet_Noire/iStock via Getty Images The Group of Seven finance ministers commit to adopt a global minimum tax for "the largest and most profitable multinational enterprises" in a bid to keep huge corporations from shifting profits to the lowest tax jurisdictions. The issue is priority for U.S. Treasury Secretary Janet Yellen, as setting a global minimum corporate tax rate may help fund the Biden Administration's infrastructure plan. "We commit to reaching an equitable solution on the allocation of taxing rights, with market countries awarded taxing rights on at least 20% of profit exceeding a 10% margin" for those enterprises, said a communique issued after the in-person G7 finance meeting in London. "We also commit to a global minimum tax of at least 15% on a country by country basis," the statement said. The finance ministers also agreed to "appropriate coordination between the application of the new international tax rules

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约