International Consensus Reached on Global Minimum Tax Framework

1 min read
Source: OECD
International Consensus Reached on Global Minimum Tax Framework
Photo: OECD
TL;DR Summary

The OECD/G20 Inclusive Framework has reached a historic agreement among 147 countries on a comprehensive package to implement a global minimum tax, aiming to enhance tax certainty, reduce compliance burdens, and protect tax bases, especially in developing countries, with plans for implementation support and future simplifications.

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