Global minimum corporate tax rate
id:
global-minimum-corporate-tax-rate-223-2061811
title:
Global minimum corporate tax rate
text:
The global minimum corporate tax rate, or simply the global minimum tax, is a minimum rate of tax on corporate income internationally agreed upon and accepted by individual jurisdictions in the OECD/G20 Inclusive Framework. Each country would be eligible for a share of revenue generated by the tax. The aim is to reduce tax competition between countries and discourage multinational corporations (MNC) from profit shifting that avoids taxes.
brand slug:
wiki
category slug:
encyclopedia
description:
Proposed international tax scheme
original url:
https://en.wikipedia.org/wiki/Global_minimum_corporate_tax_rate
date created:
2021-04-05T20:44:50Z
date modified:
2024-09-14T08:52:24Z
main entity:
{"identifier":"Q106610285","url":"https://www.wikidata.org/entity/Q106610285"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/b/b8/Minimum_corporate_tax_rate_Participation.svg","width":863,"height":443}
fields total:
13
integrity:
16