ABC News (Australia) published this video item, entitled “Could the time for tax havens be running out? | The World” – below is their description.
G20 finance chiefs have endorsed a global minimum tax arrangement, that hopes to end tax havens. Almost 140 countries agreed to set a minimum 15% tax rate for companies with an annual revenue of more than 750 million Euros (1.2 billion AUD).
Kate Barton is Global Vice Chair of tax for EY Global and says while it’s a significant achievement, it will take some time to see the changes.ABC News (Australia) YouTube Channel
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