Corporate Tax

There’s logic behind a world corporate tax | opinion

Imposing a minimum global corporate tax has long been a priority of the United States, right to avoid large American multinational corporations from claiming their seat in a low-tax or no-tax haven that costs the Treasury Department billions, maybe trillions. So a win for Treasury Secretary Janet Yellen, who gets the Western G-7 economic powers to agree to a 15% tax floor for these wandering giants. No matter where you are, from New York to London to Frankfurt to Tokyo, you would have to pay.

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