Global minimum tax rate - Revision history

Doug: Make subsidiary to Global minimum corporate tax rate page.

2023-12-23T15:14:35Z

Make subsidiary to Global minimum corporate tax rate page.

← Older revision		Revision as of 15:14, 23 December 2023
Line 3:		Line 3:
	(GMT).		(GMT).

	The concept of a global minimum ~~corporation~~ tax rate is to reduce, or eliminate, the benefits to multinational corporations of profit shifting.		Abbreviation for global minimum corporate tax rate.

			The concept of a global minimum corporate tax rate is to reduce, or eliminate, the benefits to multinational corporations of profit shifting.


Line 38:		Line 40:
	== See also ==		== See also ==

	* [[~~Base erosion and profit shifting]]~~		* [[Global minimum corporate tax rate]]
	* [[Corporation Tax]]
	* [[European Union]]
	* [[G7]]
	* [[Gross domestic product]] (GDP)		* [[Gross domestic product]] (GDP)
	* [[Holdouts]]		* [[Holdouts]]

imported>Doug Williamson: Mend link.

2022-06-26T12:37:42Z

Mend link.

← Older revision		Revision as of 12:37, 26 June 2022
Line 42:		Line 42:
	* [[European Union]]		* [[European Union]]
	* [[G7]]		* [[G7]]
	* [[~~GDP~~]]		* [[Gross domestic product]] (GDP)
	* [[Holdouts]]		* [[Holdouts]]
	* [[Income Tax]]		* [[Income Tax]]

imported>Doug Williamson: Add quote. Source: Reuters https://www.reuters.com/business/countries-backs-global-minimum-corporate-tax-least-15-2021-07-01/

2021-07-02T01:49:12Z

Add quote. Source: Reuters https://www.reuters.com/business/countries-backs-global-minimum-corporate-tax-least-15-2021-07-01/

@@ Line 4: / Line 4: @@
 The concept of a global minimum corporation tax rate is to reduce, or eliminate, the benefits to multinational corporations of profit shifting.
@@ Line 21: / Line 40: @@
 * [[Base erosion and profit shifting]]
 * [[Corporation Tax]]
 * [[G7]]
 * [[Multinational corporation/company]]
 * [[Organisation for Economic Co-operation and Development]] (OECD)
@@ Line 27: / Line 50: @@
 * [[Tax avoidance]]
 * [[Tax evasion]]
 * [[Tax rate]]
 * [[Transfer pricing]]

imported>Doug Williamson: GMT

2021-06-12T21:43:59Z

GMT

← Older revision		Revision as of 21:43, 12 June 2021
Line 13:		Line 13:

	:The OECD said last month that governments broadly agreed on the basic design of the minimum tax but not the rate. Tax experts say that is the thorniest issue, although the G7 accord creates strong momentum around the 15%-plus level."		:The OECD said last month that governments broadly agreed on the basic design of the minimum tax but not the rate. Tax experts say that is the thorniest issue, although the G7 accord creates strong momentum around the 15%-plus level."


	:''The Journal of Accountancy, June 2021.''		:''The Journal of Accountancy, June 2021.''

imported>Doug Williamson: Create page. Source: Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/what-is-global-minimum-tax-g7.html

2021-06-12T21:43:11Z

Create page. Source: Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/what-is-global-minimum-tax-g7.html

New page

''Tax - profit shifting.''

(GMT).

The concept of a global minimum corporation tax rate is to reduce, or eliminate, the benefits to multinational corporations of profit shifting.

:<span style="color:#4B0082">'''''Global minimum tax'''''</span>

:"Finance Ministers from the Group of Seven (G7) rich nations reached a landmark accord... backing the creation of a global minimum corporate tax rate of at least 15%, an agreement that could then form the basis of a worldwide deal...

:The global minimum tax rate would apply to overseas profits. Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could “top-up” their taxes to the minimum rate, eliminating the advantage of shifting profits.

:The OECD said last month that governments broadly agreed on the basic design of the minimum tax but not the rate. Tax experts say that is the thorniest issue, although the G7 accord creates strong momentum around the 15%-plus level."

:''The Journal of Accountancy, June 2021.''

== See also ==

* [[Base erosion and profit shifting]]
* [[Corporation Tax]]
* [[G7]]
* [[Multinational corporation/company]]
* [[Organisation for Economic Co-operation and Development]] (OECD)
* [[Profit shifting]]
* [[Tax avoidance]]
* [[Tax evasion]]
* [[Tax rate]]
* [[Transfer pricing]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]