G-20 FMs back plan to stop use of tax havens
The Hindu
The the proposal would end a elf-defeating international tax competition, says Janet Yellen
Top finance officials representing most of the world's economy have backed a sweeping revision of international taxation that includes a 15% to deter big companies from resorting to low-rate tax havens. Also read: The Finance Ministers from the Group of 20 countries endorsed the plan at a meeting on Saturday, July 10, 2021. in Venice.
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