Watch | All about world's first global corporate tax

A video explainer on the global minimum corporate tax endorsed by the G20 in Rome.

November 08, 2021 03:18 pm | Updated November 09, 2021 07:20 pm IST

As many as 136 countries entered into an agreement recently to redistribute taxing rights and impose a global minimum corporate tax on large multinational corporations. With the new agreement signed at a meeting of the Organization for Economic Cooperation and Development, countries want to put an end to tax competition that has over the years forced global corporate tax rates to drop.

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