PARIS — More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ensure big ...

Countries accounting for 90% of the global economy hammered out an agreement to set a minimum corporate tax rate across the world. The deal’s minimum 15% corporate tax rate represents years of ...

The Biden administration wants to make the world safer for tax increases. That’s the message the White House has sent by enjoining the Organization for Economic Cooperation and Development to agree on ...

Finance officials from the world’s biggest economies began talks this week on introducing a global minimum tax on billionaires. The representatives of the G20 countries discussed the proposal at a ...

A group of 130 nations reached a groundbreaking agreement last week for a global minimum tax rate on corporations, but the tentative deal has been complicated by a handful of countries that refused to ...

The Organization for Economic Cooperation and Development unveiled technical guidance for its far-reaching reform of the global tax system in which multinational companies would be subject to a ...