10 days ago • Posted by Martin Boujol
Global corporation tax in perspective
A historic decision was made by G7 ministers, raising the tax on corporations to 15% minimum for all members. While it may seem high for some, note that many countries were already above this percentage regarding corporate income tax rate, with Australia being first with 30%, followed by France (28.4%) and South Korea (25%).
Source: Statista, OECD