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Can the Global Corporate Tax Clip Corporate Power?

In early October, The Organization for Economic Cooperation and Development (OECD), consisting of 136 countries representing more than 90% of global GDP, agreed to levy a global corporate minimum tax rate of 15% on overseas profits from 100 of the worl…

In early October, The Organization for Economic Cooperation and Development (OECD), consisting of 136 countries representing more than 90% of global GDP, agreed to levy a global corporate minimum tax rate of 15% on overseas profits from 100 of the world’s largest and most profitable multinational corporations (referred to as MNCs). In addition, each country would be entitled to share in More

The post Can the Global Corporate Tax Clip Corporate Power? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Nick Licata.


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