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Beijing signs up to global tax deal that could bring in $150bn annually
Aggregated Source: ChinaLegalBlog.com

The US, China and the rest of the world’s leading nations have backed plans for new cross-border rules on where and how much multinational companies are taxed. The Paris-based Organisation for Economic Cooperation and Development, which hosted the talks, said a global minimum corporate income tax of at least 15% could yield around $150 billion in additional global tax revenues annually.…

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