New global rules set to end race to cut corporate taxes
HIROFUMI TAKEUCHI, KAZUYA MANABE and YUMIKO OSHIMA, Nikkei staff writers | Japan
TOKYO/NEW YORK — Decades of some countries cutting their corporate tax rates as they compete to lure big businesses look set to screech to a halt after some 140 nations and regions agreed a new global minimum rate of 15%.
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