136 Countries agree to minimum corporate tax rate
The problem is real, many big tech paid less than 1% on non-USA income.<p>This is likely one of the best agreements in decades. Will increase tax collection by decreasing incentive to avoid taxes. Little burrocracy, huge increase.<p>Previous mesh of transfer prices and other meassures added huge amount of burrocracy on a lot of companies, yet still did not make much difference for the biggest avoiders.