Analysis: Global tax deal at risk as first pillar teeters – Reuters.com
- Date: 17-Jun-2023
- Source: Reuters
- Sector:Financial Services
- Country:Lebanon
Analysis: Global tax deal at risk as first pillar teeters – Reuters.com
[1/3] A man counts U.S. dollar banknotes at a currency exchange shop in Beirut, Lebanon March 23, 2021. Picture taken March 23, 2021. REUTERS/Mohamed Azakir
PARIS, June 16 (Reuters) - One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on the 100 biggest, most profitable multinationals fall victim to domestic U.S. politics.