Page 89 - பாரிஸ் அடிப்படையிலானது ஆர்கநைஸேஶந் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by Dow Jones By Richard Rubin and Kate Davidson WASHINGTON Treasury Secretary Janet Yellen argued for a global minimum corporate tax rate Monday, seeking international cooperation that is crucial to funding the administration s $2.3 trillion infrastructure proposal. President Biden s proposal to raise the corporate tax rate to 28% from 21% would push the U.S. from the middle of the pack among major economies to near the top. The Biden plan would also impose a 21% minimum tax on U.S. companies foreign income, remove an export incentive and raise taxes on some foreign companies U.S. operations. If the U.S. raises its tax rates and imposes higher burdens on U.S. companies foreign profits, a global minimum tax would help prevent companies based in other countries from having a significant potential advantage. That coordination and the ensuing tax revenue not necessarily the aims of U.S.-based companies rank high on the administr

United kingdomUnited statesWorld bankDistrict of columbiaWest virginiaKate davidsonJanet yellenDaniel bunnSherrod brownManal corwinRichard rubinAndrew duehrenMark warnerJoe manchinSteven mnuchinTheo francis