18/05/2022

THAILAND DAILY

NEWSPAPER / MAGAZINE / PUBLISHER

new-global-rules-set-to-end-race-to-cut-corporate-taxes

New global rules set to end race to cut corporate taxes

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Datawatch

Move set to spark big gains in tax revenues in many countries

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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