G-20 endorses global corporate minimum tax at Rome summit

G-20 endorses global corporate minimum tax at Rome summit

By David McHugh, Frances D’Emilio and Sylvie Corbet | Associated Press
ROME — Leaders of the world’s biggest economies on Saturday endorsed a global minimum tax on corporations, a linchpin of new international tax rules aimed at blunting the edge of fiscal paradises amid skyrocketing profits of some multinational businesses.
The move by the Group of 20 summit in Rome was hailed by U.S. Treasury…

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