FILE PHOTO: Outside view of the Organization for Economic Co-operation and Development, (OECD) headquarters in Paris September 3, 2009. REUTERS/Charles Platiau
July 1, 2021
WASHINGTON (Reuters) – An agreement backing a global minimum tax reached Thursday by 130 countries does not include any China-specific carveout or exceptions, a U.S. administration official said.
China and the other members of the Group of 20 major economies all signed the agreement, which backed plans for a tax rate of at least 15%, the official added.
(Reporting by Andrea Shalal)
Source: One America News Network
