Biden and G-7 leaders will endorse a global minimum corporate tax of at least 15%
https://www.cnbc.com/2021/06/11/bide...orate-tax.htmlPresident Joe Biden and G-7 leaders will jointly endorse a global minimum corporate tax of at least 15% on Friday, according to a White House fact sheet.
They will also announce an agreement on a new tax that is linked to the places where companies make money, rather than where they are headquartered.
The new tax would replace the patchwork of Digital Services Taxes that some countries have imposed upon the biggest American tech companies.
Tom
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