The New Paper

April 6, 2021

Yellen calls for global minimum corporate tax rate

US Treasury Secretary Janet Yellen called for a minimum global corporate tax rate, citing a “race to the bottom” in which countries have cut tax rates to attract businesses. While no formal agreements have been announced, Yellen noted that the US is working with G20 nations to establish a global minimum.
This story is from the April 6, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.