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G20 leaders to endorse Biden proposal for global minimum corporate tax
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Leaders of the world’s 20 biggest economies will endorse a US proposal for a global minimum corporate tax of 15%, draft conclusions of the two-day G20 summit in Rome showed on Saturday.
The G20 plans to have the rules in force in 2023.
“This is more than just a tax deal, it’s a reshaping of the rules of the global economy,” a senior US official told reporters.
The agreement, drawn from proposals drawn up by the Organisation for Economic Co-operation and Development (OECD), is designed to safeguard
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