by Antoinette Aho | Nov 7, 2021 | Global Tax Rate, No
Eduardo Monk Sophomore, Illinois State In October of 2021, leaders from 136 countries, including the United States, signed onto an Organisation for Economic Co-operation and Development statement to endorse a global minimum corporate tax rate of 15%. Rather than...
by Antoinette Aho | Nov 7, 2021 | Global Tax Rate, No, however..
Dylan Kassin Sophomore, GWU With multinational corporations becoming increasingly powerful, a global effort towards shaping a unified policy on corporate tax rates is vital to ensuring governments can adequately enforce such corporations’ tax obligations without...
by Antoinette Aho | Nov 7, 2021 | Global Tax Rate, Yes
Asha Anthony Sophomore, Howard In June of 2021, 130 countries voted in favor of the minimum global corporate tax of 15%, which would require corporations based in every participating country to pay a 15% tax on all earnings. While this proposal was deemed...