The US Treasury has spoken with OECD officials on plans for a global minimum tax on multinational corporations. The Biden administration has watered down the proposal from a tax rate of 21 percent to 15 percent. It still needs to convince allies, particularly in the EU, to get on board.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting