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Powerful States Push Tax Race to the Bottom

SYDNEY and KUALA LUMPUR, Jun 15 (IPS) - Last week, the largest rich countries, home to most major transnational corporations (TNCs), agreed to a global minimum corporate income tax (GMCIT) rate. But the low rate proposed and other features will deprive developing countries of their just due yet again.

Read the full story, “Powerful States Push Tax Race to the Bottom”, on globalissues.org



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