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OECD anti-tax haven tax wins support for levy that exempts shipping
来源：Shipping News Headlines 编辑：编辑部 发布：2021/07/09 14:17:30
SHIPPING has been exempted from an Organisation for Economic Co-operation and Development (OECD) proposed global corporation tax rate of 15 per cent, reports London's Lloyd's List.
Some 130 OECD member states, representing 90 per cent of world GDP, including all G20 economies, agree to the idea, though this association of affluent countries has no power to levy taxes. Some of the backers - including the US - will face domestic political battles before they agree.
The idea of a global minimum tax is to prevent competition between states purely based on ultra-low taxation.
Some 130 OECD member states, representing 90 per cent of world GDP, including all G20 economies, agree to the idea, though this association of affluent countries has no power to levy taxes. Some of the backers - including the US - will face domestic political battles before they agree.
The idea of a global minimum tax is to prevent competition between states purely based on ultra-low taxation.