University of Ottawa Global Minimum Corporate Tax Rate Discussion
Question Description
I’m working on a business writing question and need an explanation and answer to help me learn.
On October 9th 2021, 130 countries all over the world agreed to impose a global minimum corporate tax rate of 15 percent, aiming to deter MNCs from exploiting low tax regimes in tax havens. What implications will this minimum tax rate have for MNCS that want to lower their global tax burden?
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