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Americas

G20 to Seek Consensus on Global Minimum Corporate Tax Rate

Janet Yellen is calling for a global minimum corporate tax rate. France, Germany, Japan and the European Commission are backing the proposal.

US Treasury Secretary Janet Yellen has called for a global minimum corporate tax rate, a move aimed at tackling global tax avoidance and profit-shifting to low-tax jurisdictions. In a speech to the Chicago Council on Global Affairs, Yellen said work is underway with G20 nations to agree to a global minimum corporate…

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