La Jornada – Countries celebrate agreement on global minimum tax on multinational corporations

Washington. On Thursday, the US Treasury celebrated the agreement reached in the Organization for Economic Cooperation and Development to establish an international tax system for companies, at a rate of “not less than 15 percent”, describing it as a “historic day for economic diplomacy.” “.

“In the United States, this agreement will ensure that companies receive their fair share,” Janet Yellen said in a statement. “We now have an opportunity to build a global and national tax system that allows American workers and companies to compete and win in the global economy,” he added.

For its part, Germany welcomed “a giant step towards more tax justice” after the announced agreement.

“The agreement concluded is a huge step towards greater tax equity (…). Large companies of the future will pay their fair share to fund the public good,” Finance Minister Olaf Schultz said in a statement.

The United Kingdom also welcomed the tax agreement reached by 130 countries.

“The fact that 130 countries around the world have joined, including all of the G20 countries, is a step forward in our mission of global tax reform,” said British Finance Minister Rishi Sunak, whose country currently chairs the G7 Club.

French Economy Minister Bruno Le Maire has declared the agreement reached on a new tax system for multinational companies “the most important international tax agreement reached in a century”.

“I celebrate this breakthrough,” Le Maire added on his Twitter account. It is a “pioneering and ambitious global agreement.”

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