The tax reform deal was announced by the Organization for Cooperation and Economic Development, which hosted the talks that led to the agreement. Photo: Shutterstock
The tax reform deal was announced by the Organization for Cooperation and Economic Development, which hosted the talks that led to the agreement. Photo: Shutterstock

Nearly 140 countries reach historic deal on global minimum corporate tax

  • The agreement will bring sweeping changes to how big multinational companies are taxed and deter them from stashing profits in offshore havens
  • Under Friday’s deal, countries would enact a global minimum corporate tax of 15 per cent on the biggest, internationally active firms

The tax reform deal was announced by the Organization for Cooperation and Economic Development, which hosted the talks that led to the agreement. Photo: Shutterstock
The tax reform deal was announced by the Organization for Cooperation and Economic Development, which hosted the talks that led to the agreement. Photo: Shutterstock
READ FULL ARTICLE