Home  |  Slider   |  Media   |  What is global minimum tax, what are possible implications?

What is global minimum tax, what are possible implications?

The global minimum tax rate would apply to overseas profits. Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could “top-up” their taxes to the minimum rate, eliminating the advantage of shifting profits.Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News

The post What is global minimum tax, what are possible implications? appeared first on Planotech Media House.

WRITTEN BY: