Global minimum tax solution to declining corporate tax rates — TP News

The declining corporate tax rates across countries underlines the importance of a minimum global corporate tax rate, the OECD has noted. New data released in the OECD’s annual Corporate Tax Statistics publication shows the importance of the corporate tax as a source of government revenues, while also pointing to evidence of continuing base erosion and profit shifting behaviours.

Global minimum tax solution to declining corporate tax rates — TP News