Bringing together the world’s 20 largest economies At the G20 Summit Tax decisions were also made clear. Businesses, including government leaders and representatives of international organizations, technology companies, are now ‘tax havenHe will not be able to escape to the countries defined as ‘. Here are the details of the new global minimum corporate tax approved by the leaders…
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Global minimum corporate tax approved at G20 Summit
At the G20, leaders are talking about what will prevent companies from hiding their profits. global minimum corporate tax Confirmed. Like this, Google, Microsoft, Amazon and Facebook Companies worldwide will be subject to a tax rate of at least 15 percent. The agreement will enter into force from 2023.
in October 2021 Organization for Economic Cooperation and Development (OECD) announced a notable tax treaty. Accordingly, multinational companies operate in the countries in which they operate. at least 15 percent rate will be taxed. from 2023 136 countries had already accepted this agreement to be implemented.
With the approval of the global minimum corporate tax, tech companies are now trying to attract investors to evade taxes. tax haven countries he won’t be able to go. This international agreement biggest reform in years is said to be.
OECD, even this agreement alone 150 billion It expects it to bring in additional tax revenue of approximately $. almost all OECD countries (Cayman Islands even tax havens (such as tax havens) had given the necessary approvals before the agreement. G20 countries and had come to an agreement among themselves by dwelling on this issue since last summer.