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Loopholes mar minimum tax deal with multinational companies

WASHINGTON (AP) – An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. […] ....

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How Corporations Shift Profits to Avoid Taxes

Two years after a global minimum tax was passed, a new report suggests that companies are finding new ways to avoid taxation. ....

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Deal to force multinational companies to pay a 15% mini...

Deal to force multinational companies to pay a 15% mini...
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The Nashville Ledger

The Nashville Ledger
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Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says – Metro US

WASHINGTON (AP) An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. […] ....

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