Janet Yellen calls for a global minimum tax on companies. Could it happen?
Many countries want to link a deal to the trickier issue of taxing rights on profits
CORPORATE TAXATION is one of the thorniest issues in international economic policy. Janet Yellen, President Joe Biden’s treasury secretary, and a former head of the Federal Reserve, is duly weighing in. On April 5th she grabbed the attention of the occupants of corner offices worldwide with a speech to the Chicago Council on Global Affairs. The headline was a call for countries to agree on a global minimum tax rate for large companies.
This article appeared in the Finance & economics section of the print edition under the headline “Setting a floor”
Finance & economics April 10th 2021
- House prices in the rich world are booming
- The IMF marks up the global recovery
- Janet Yellen calls for a global minimum tax on companies. Could it happen?
- Coinbase goes public with a pop
- Totting up bitcoin’s environmental costs
- As China’s stockmarket corrects, regulators try doing less
- Robert Mundell, an influential international economist, has died
- In poor countries, statistics are both undersupplied and underused
From the April 10th 2021 edition
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