US News

Big European states warm to U.S. proposal for minimum corporate tax rate of at least 15%

Published by

By Michael Nienaber and David Lawder LISBON (Reuters) – France, Germany and Italy said on Friday that a new U.S. proposal for global minimum corporate tax rate of at least 15% was a good basis for sealing an international deal by July. The U.S. Treasury Department offered on Thursday to accept a minimum rate of at least 15%, significantly below its proposed 21% minimum for U.S. multinational firms. It made the proposal at the Paris-based Organization for Economic Cooperation and Development (OECD) where nearly 140 countries aim to reach broad agreement this summer to rework rules for taxing mu…

Read More

Facebook Comments

Check Also

Beirut marks one year since port blast with anger and mourning

Published by Reuters By Imad Creidi BEIRUT (Reuters) ...