Tag Archives | global minimum corporate income tax (GMCIT)

  • Powerful states push tax race to the bottom

    Powerful states push tax race to the bottom

    Originally published: JOMO on June 15, 2021 (more by JOMO)  |

    Last week, the largest rich countries, home to most major transnational corporations (TNCs), agreed to a global minimum corporate income tax (GMCIT) rate. But the low rate proposed and other features will deprive developing countries of their just due yet again.