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2024 will herald the end of a race to the bottom in corporate tax rates

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2024 will herald the end of a race to the bottom in corporate tax rates

  • By Paolo Gentiloni, European Commissioner for the Economy

 European Commissioner for the Economy, Paolo Gentiloni, discusses the application of the OECD’s minimum tax rules in jurisdiction around the world. According to Gentiloni, the global minimum tax will put an end to the downward spiral of corporate tax rates over the last four decades. 

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