Tag: global minimum tax rates

  • World Bank Warns Against Hiking Of Global Tax Minimum

    World Bank Warns Against Hiking Of Global Tax Minimum

    The World Bank has warned world leaders to avoid setting very high global minimum tax rates that hinder poor countries’ from attracting valuable investments. The cautioning comes after the US Treasury Secretary Janet Yellen called for a 21% global minimum rate. Ms Yellen has said a global minimum tax on companies is necessary to stop a…