OECD says deal on global minimum corporate tax rate has been reached

October 8, 2021

PARIS (Reuters) – A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and Development said on Friday.

The OECD said four countries – Kenya, Nigeria, Pakistan and Sri Lanka – had not yet joined the agreement.

(Reporting by Leigh Thomas, Editing by Richard Lough)

Source Link OECD says deal on global minimum corporate tax rate has been reached