Germany's Scholz hails global corporate tax deal

By Kitco News / October 08, 2021 / www.kitco.com / Article Link

BERLIN, Oct 8 (Reuters) - German Finance Minister Olaf Scholz hailed an agreement on Friday between leading global economies on a minimum corporate tax rate of 15%."Today we have taken another important step towards more tax justice. The OECD countries have today agreed on the most important parameters for global minimum taxation," Scholz said in a statement emailed to Reuters."At the same time, further states have joined the reform, which is a strong sign for multilateralism," he added. "In particular, the agreement of the states of the European Union is a great success and will ensure that the reform can be implemented quickly throughout the EU." (Reporting by Christian Kraemer Writing by Paul Carrel Editing by Tom Sims) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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