World Bank among calls for restraint on global pandemic tax

Mark Battersby
clock • 3 min read

The head of the World Bank has warned world leaders against setting a global minimum tax rate for companies that is too high, and other industry experts have also called for restraint. David Malpass, World Bank president, said in a BBC interview he did not want to see new rules that would hinder poor countries' ability to attract investment. The 21% global minimum rate called for by US Treasury Secretary Janet Yellen "strikes me as...

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Mark Battersby
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Mark Battersby

Editor at International Investment