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Global minimum tax: India at the last stage of finalising details says FM
In July, a total of 130 countries agreed to alter global tax laws to ensure that multinational corporations pay taxes at a minimum of 15%
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OECD-G20 global tax deal: India says ‘consensus agreement’ likely by October
Total 130 countries have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate.
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130 countries back deal on global minimum tax for companies
In the US, Biden has proposed a 21% minimum rate on overseas earnings of big US companies to deter them from shifting profits to tax havens.
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Finance Minister Sitharaman, US Treasury Secretary Yellen discuss global minimum tax
US Treasury Secretary Janet L Yellen said that the US and India have a shared interest in implementing a robust global minimum tax.
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G-7 leaders endorse global minimum tax on multinationals
The minimum rate was championed by the United States and dovetails with the aim of President Joe Biden
