G20 agrees with the OECD’s global tax reform

The tax landscape will change as G20 countries agree to the OECD’s proposal for taxing the digital economy and to the 15% minimum global corporate tax rate.

Following the meeting on 10th July, the world’s 20 largest economies (G-20) approved the  proposal by the OECD (the Organization for Economic Co-operation and Development) for taxing a digital economy and setting a minimum global corporate tax rate at 15% in 2023. 

Source GlobalVATcompliance

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