June 14, 2024



G20 Leaders Endorse Global Minimum Corporate Tax

The Epoch Times

By Tom Ozimek

October 30, 2021 Updated: October 30, 2021


Treasury Secretary Janet Yellen has confirmed that leaders of the world’s 20 biggest economies (G20) have endorsed a “historic agreement” on new international tax rules, including a global minimum corporate tax.

A senior White House official told reporters on Friday that G20 leaders would this weekend formalize their endorsement of a deal establishing a global minimum corporate tax rate of 15 percent.

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