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Global Minimum Tax Deal

  Oct 25, 2021

Global Minimum Tax Deal

Q Why is it in News  ?

A A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 countries.

Q Why a global minimum tax?

Q How would a deal work?

Q What happens next?

A

Q What will be the economic impact?

A

Q What is Base Erosion and Profit Shifting (BEPS) ?