Global Minimumföretagsskatt
2021-07-03
RT
Statskontrollerad media från Ryssland
· 12 tim ·
The US government has announced that 130 countries have agreed to set a global minimum corporation tax.
Treasury Secretary Janet Yellen announced the agreement on Thursday as part of a broader agreement to overhaul international tax rules.
If widely adopted the GMT would threaten the controversial practice of global corporations moving their headquarters to low-tax territories despite their customers, operations and executives being located elsewhere.
Yellen described the US’s participation in international tax competition as ‘self-defeating’ and ‘a global race to the bottom’ that ‘no nation has won’.
‘Today’s agreement by 130 countries representing more than 90% of global GDP is a clear sign: the race to the bottom is one step closer to coming to an end,’ she said.
The deal also reportedly includes the replacement of digital services taxes, which target big American tech companies, with a tax plan linked to where multinationals are actually doing business, rather than where they are headquartered.
Yellen didn’t suggest a rate for GMT but the Biden administration has pushed for at least 15%.
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