William Horobin

The global 15% minimum tax will reshape the landscape for global companies that shift profits around the world.

Treasury Secretary Janet Yellen indicated the U.S. will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies.

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

The Biden administration secured an extension of a worldwide freeze on new digital taxes, putting it on a collision course with Canada after Ottawa refused to endorse the deal.

When does doing a little work on vacation turn into a stay that piques the interest of local tax authorities?

The African giant says the deal is skewed to the interests of rich nations and could actually hurt the country's tax revenues.

The world's governments stand to increase their tax revenues by about $250 billion a year by rewriting the rules for multinationals, according tothe OECD.

According to data released by the OECD, the average combined statutory tax rate in its sample of over 160 countries was unchanged at 20% this year.

A group of European Union countries is considering new ways of implementing a global deal for a 15% minimum tax on large multinationals in 2023 as Hungary continues to veto a joint solution for the bloc.

Pascal Saint-Amans will leave his position as director of the Centre for Tax Policy and Administration at the Organization for Economic Cooperation and Development at the end of October.