global minimum corporate tax rate

Ireland unmoved on global tax deal after meeting with US’s Yellen

Ireland's finance minister Paschal Donohoe maintained his reservation about a global minimum corporate tax rate in a meeting with U.S. Treasury Secretary Janet Yellen on Monday, a spokesperson for Donohoe…

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Yellen urges EU to back global tax deal, keep fiscal support

U.S. Treasury Secretary Janet Yellen urged European Union countries on Monday to sign on to a global deal to revamp corporate taxation, keep fiscal support through 2022 and consider more…

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German finance minister confident EU will agree on corporate tax reform

Germany's finance minister is optimistic that European Union member states will reach agreement on a planned minimum corporate income tax. The plans for new rules on where and how much…

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White House urges more countries to sign 15% global corporate tax pledge

White House economic adviser Brian Deese said the United States was still working to get more countries to join an agreement signed this week by 130 countries backing a global…

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India joins global consensus framework to tax multinational firms

India has joined a global consensus framework deal to tax multinational companies, the government said, an effort backed by the United States. Officials from 130 countries, including G20 nations and…

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130 countries agree on minimum global corporate tax rate

A global corporate tax rate of at least 15% was agreed upon by 130 countries, the Organisation for Economic Co-operation and Development (OECD) said on Thursday. But Hungary and Ireland…

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G20 to endorse deal on global minimum corporate tax

The world's financial leaders will endorse on July 9-10 a deal setting a global minimum corporate tax and call for technical work to be finished so they can approve the…

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France expects minimum tax to yield “several billion” euros

France expects to raise several billions of euros in extra revenue from a global minimum tax rate currently being negotiated internationally, Finance Minister Bruno Le Maire said on Wednesday. Le…

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UPDATED: UK pushes for financial services to be exempt from G7 global tax plan

British finance minister Rishi Sunak is pushing for financial services firms to be exempt from a new global tax system which was agreed last week by the Group of Seven…

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Swiss government says will remain business friendly after G7 tax deal

Switzerland will make sure it remains attractive to business, the government said, after Group of Seven (G7) nations reached a landmark deal to reduce the incentive of multinational companies to…

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Ireland confident G7 tax deal won’t dent multinational investment

Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a…

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UPDATED: Cyprus Finance Minister says G7 tax stance may not directly affect it

A decision by the Group of Seven to impose a global minimum tax rate does not seem to directly affect Cyprus, its Finance Minister Constantinos Petrides said on Monday. In…

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UPDATED: G7 finance ministers agree global minimum tax of at least 15%

A group of the world's richest nations reached a landmark deal on Saturday to close cross-border tax loopholes used by some of the world's biggest companies. The Group of Seven…

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What is a global minimum tax and what will it mean?

Finance Ministers from the Group of Seven (G7) rich nations have said they are close to a landmark accord setting a global minimum corporate tax rate, an agreement that could…

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France says U.S. offer on global minimum tax rate is basis for compromise

The latest U.S. proposal in international talks on a global minimum corporate tax rate is a basis for compromise, French Finance Minister Bruno Le Maire said on Friday. The U.S.…

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