Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says

📆 23/10/2023 02:54:00
📰 CP24

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned.

Philadelphia Orchestra and musicians agree to 3-year labor deal with 15.8% salary increaseFantasy Fest kicks off in Key West with 10 days of masquerades, parties and costume competitions.

Philadelphia Orchestra and musicians agree to 3-year labor deal with 15.8% salary increaseFantasy Fest kicks off in Key West with 10 days of masquerades, parties and costume competitions

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog saysWASHINGTON (AP) — An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »