Janet Yellen calls for minimum global corporate income tax

  • Date: 05-Apr-2021
  • Source: Money Control
  • Sector:Economy
  • Country:Saudi Arabia
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Janet Yellen calls for minimum global corporate income tax

Citing a "thirty-year race to the bottom“ in which countries have slashed corporate tax rates in an effort to attract multinational businesses, Yellen said the Biden administration would work with other advanced economies in the G20 to set a minimum.