global corporate minimum tax

A global minimum tax on MNCs | Photo Credit: Getty Images The story so far: Members of the European Union last week agreed in principle to implement a minimum tax of 15% on big businesses. Last year, 136 countries had agreed on a plan to…

Leaders of the world’s biggest economies on Saturday endorsed a global minimum tax on corporations, a linchpin of new international tax rules aimed at blunting the edge of fiscal paradises amid skyrocketing profits of some…