Briefing

    Yellen calls for ‘global minimum corporate tax rate’ to stop international undercutting

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    In her first public address, the U.S. treasury secretary said the Biden administration is working with the G20 to set a new floor for taxation to halt a “30-year race to the bottom.” She pledged to support domestic and international efforts to “promote innovation in digital finance” that makes transactions cheaper and faster. (The Logic)

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