Byusnewsr1-

May 6, 2021

Only Multilateral Cooperation Can Stop Harmful Tax Competition

Only Multilateral Cooperation Can Stop Harmful Tax Competition

By Anis Chowdhury and Jomo Kwame SundaramSYDNEY and KUALA LUMPUR, Apr 13 2021 (IPS)
US Treasury Secretary Janet Yellen has urged all governments to support a global minimum corporate tax rate of at least 21%. The US is working with other G20 nations to get other countries to end the “thirty-year race to the bottom on corporate tax rates”.

Anis Chowdhury

Corporate tax vital
For Yellen,…

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