Just wanted to flag a new development on the topic: it looks like US Treasury Secretary Janet Yellen is pushing for a global minimum corporate tax, which might be another good solution to the problem!
The international minimum corporate tax rate got finalised last month! After only 28 years of discussion. https://www.oecd.org/newsroom/130-countries-and-jurisdictions-join-bold-new-framework-for-international-tax-reform.htm
Thank you! That sounds very encouraging. The exact details will be very important.
Just wanted to flag a new development on the topic: it looks like US Treasury Secretary Janet Yellen is pushing for a global minimum corporate tax, which might be another good solution to the problem!
The international minimum corporate tax rate got finalised last month! After only 28 years of discussion.
https://www.oecd.org/newsroom/130-countries-and-jurisdictions-join-bold-new-framework-for-international-tax-reform.htm
Thank you! That sounds very encouraging. The exact details will be very important.