Can the Global Corporate Tax Clip Corporate Power?
7 min readNov 5, 2021
What is the Proposed Global Corporate Tax?
In early October, The Organization for Economic Cooperation and Development (OECD), consisting of 136 countries representing more than 90% of global GDP, agreed to levy a global corporate minimum tax rate of 15% on overseas profits from 100 of the world’s largest and most profitable multinational corporations (referred to as MNCs). In…