Biden’s plans for a global corporate tax rate could make the world a fairer place

Biden’s plans for a global corporate tax rate could make the world a fairer place - short news


If it can be achieved, the president’s goal will transform the economic balance of power

More than a decade has passed without any progress in bringing the global tax system into the modern age. But less than three months after taking office, President Joe Biden has raised hopes of a breakthrough, with proposals that could kill tax havens dead and force multinationals to pay a fairer share of tax.

The change in tone could not be more marked. With last week’s proposal for a..


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source: The Guardian - 11.04.2021

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