US backtracks on plans for 21% global tax minimum rate

The US Treasury has announced that its proposals for a global minimum tax rate could go as low as 15% for large multinational corporations rather than President Biden’s previously proposed 21%

Registering for Accountancy Daily is easy and free! Enjoy special benefits including access to premium content and e-alerts by signing up today, if you are already a subscriber then please log in.

Sign up to Accountancy Daily Free and receive

  • Three premium articles every 30 days
  • Customisable ealerts
  • News and technical alerts
  • Vote on stories
Related Articles