Climate Change

136 countries have agreed to a global minimum tax rate. Here's what it means

7am shot of New York.

With budgets strained after the COVID-19 crisis, many governments want more than ever to discourage multinationals from shifting profits to low-tax countries. Image: Unsplash/Ben o'bro

Leigh Thomas
Reporter, Reuters
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The next step is for finance ministers from the Group of 20 economic powers to formally endorse the deal. Image: REUTERS/Guglielmo Mangiapane

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