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The world's governments stand to increase their collective tax revenues by about $250 billion a year by enacting a deal to rewrite the rules for multinational corporations, according to new estimates from the OECD.
The OECD says a huge revenue boost will come from the 135-country deal to set a global minimum company tax rate and reform how big multinationals are taxed.
New York: The world s governments stand to increase their collective tax revenues by about $250bn a year by enacting a deal to rewrite the rules for m...
For 300 years, the principle known as "the revenue rule" sharply limited collaboration among nations with respect to tax. In the seminal 1729 court decision of Attorney General v. Lutwydge...
The EU's deal builds upon a landmark tax agreement brokered by the OECD and endorsed by 137 countries around the world.