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Countries Reach Final Deal on Global Tax Overhaul

Oct. 8, 2021, 4:15 PM

The OECD announced Friday that 136 of 140 nations sealed a deal, after years of negotiations, on a global tax overhaul that will establish a 15% minimum corporate tax rate and redistribute a portion of the biggest multinationals’ profits.

Read more: OECD statement

To contact the reporter on this story: Isabel Gottlieb in Washington at igottlieb@bloombergtax.com

To contact the editor responsible for this story: Meg Shreve at mshreve@bloombergindustry.com