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International Tax Cooperation

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International Consensus Reached on Global Minimum Tax Framework

Originally Published 6 days ago — by OECD

Featured image for International Consensus Reached on Global Minimum Tax Framework
Source: OECD

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.