Reuters exclusively reports G20 to endorse deal on global minimum corporate tax

by DailyBriefers

Business & Finance

Reuters exclusively reported, according to a draft communique, that the world’s financial leaders will endorse on July 9-10 a deal setting a global minimum corporate tax and call for technical work to be finished so they can approve the framework for implementation in October. G7 finance ministers backed earlier this month a global minimum tax rate of at least 15% and thresholds for divvying up governments’ rights to tax the profits on cross-border commerce, but the G20 draft did not make any reference to that number.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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