Summary
[OECD: Many major economies around the world have signed a plan to force multinational companies to pay at least 15% of the world’s lowest corporate tax rate]The OECD announced today that many major economies around the world have signed a plan to force Multinational companies pay at least 15% of the world’s lowest corporate tax rate. This historic agreement will ensure that large multinational companies, including technology giants, pay at least $100 billion in additional taxes each year. Countries that have not signed include Ireland, Estonia and Hungary. (China Business News)
Within days, the OECD announced that many major economies around the world have signed a plan to force multinational companies to pay at least 15% of the world‘s lowest corporate tax rate. This historic agreement will ensure that large multinational companies, including technology giants, pay at least $100 billion in additional taxes each year. Countries that have not signed include Ireland, Estonia and Hungary.
(Source: China Business News)
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