Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Mme. Defarge

Mme. Defarge's Journal
Mme. Defarge's Journal
January 1, 2022

New Year's Resolution -

to start a local chapter of The Thursday Murder Club. 😎

December 30, 2021

Excellent 3-part series on Ghislaine Maxwell

is available on NBC Peacock streaming channel for or anyone who has access. I highly recommend it.

November 13, 2021

Is it finally Fitzmas?

November 6, 2021

I'm confused -

NBC is reporting $555 billion, but other news sources are reporting $1.2 trillion.

October 28, 2021

It's all of a piece - election security without Biden's economic package

could make for a secure mid-term election that gives us Republican majorities in the House and Senate, and then it’s game over for our democracy.

October 8, 2021

World leaders reach landmark deal on global corporate tax rate

Source: NBC News

By Silvia Amaro, CNBC
The Organization for Economic Cooperation and Development on Friday announced a major breakthrough on corporate tax rates, after years of disagreement.

The group of developed nations agreed to a global minimum corporate tax rate of 15 percent. This marks a huge shift for smaller economies, such as the Republic of Ireland, which have attracted international firms — to a large extent — via a lower tax rate.

“The landmark deal, agreed by 136 countries and jurisdictions representing more than 90 percent of global GDP, will also reallocate more than USD 125 billion of profits from around 100 of the world’s largest and most profitable MNEs to countries worldwide, ensuring that these firms pay a fair share of tax wherever they operate and generate profits,” the OECD said in a statement on Friday.

In a statement released Friday afternoon, President Joe Biden said the new rule would "finally even the playing field."



Read more: https://www.nbcnews.com/business/economy/world-leaders-reach-landmark-deal-global-corporate-tax-rate-n1281127

Profile Information

Member since: Tue Oct 18, 2005, 01:05 AM
Number of posts: 8,028
Latest Discussions»Mme. Defarge's Journal