In the Headlines
July 26, 2021
Would a Global Minimum Tax on Corporations Work?
Latin America Advisor, The Dialogue
Tax attorney Eugenio Grageda was interviewed by The Dialogue's Latin America Advisor about a potential global minimum corporate tax rate. The Organization for Economic Cooperation and Development (OECD) recently announced that 130 countries had agreed on a 15 percent rate for such a tax. Mr. Grageda, who recently authored an alert on this topic, talked about the tax's potential reach and its implications for developing countries.
"The adoption of a minimum tax should be part of countries' sovereignty, but the OECD should issue guidance as to what kind of tax could be implemented to avoid disputes and double taxation," he commented.