Harry Bosch
Contributor
It appears that 136 countries are very close to approving a world wide minimum wage for corporations. Ireland has always been hesitant to this as they have greatly benefited by offering very low taxes in order to attract high paying corporate headquarter jobs to their country. It also appears that the minimum rate will be 15%. I for one never thought that this would happen. The world hardly ever comes to an agreement on anything. For such an ineffective guy, Biden sure seems to get a lot of shit done (of course this took a lot of leaders to agree to!).
136 countries agree to minimum corporate tax rate after Ireland drops its opposition
A group of 136 countries have agreed to a global treaty that would tax large multinationals at a minimum rate of 15% and require companies to pay taxes in the countries where they do business.
edition.cnn.com
136 countries agree to minimum corporate tax rate after Ireland drops its opposition
A group of 136 countries have agreed to a global treaty that would tax large multinationals at a minimum rate of 15% and require companies to pay taxes in the countries where they do business.
edition.cnn.com