Global talks to reshape the corporate tax landscape are resuming on Friday with some holdouts to the international consensus on a minimum rate falling into line to back an agreement that still hangs in the balance.
In a series of climbdowns, Ireland, Estonia and Hungary announced that they would sign up to the deal, providing a boost to talks between 140 countries hosted by the Organization for Economic Cooperation over a wide-ranging accord on the treatment of multinationals.
Among ongoing disagreements, some nations are seeking so called carve-outs to partially exempt certain activities from a minimum tax rate of 15%, ...