Joe Biden champions the 15% global tax deal in latest presidential comments

Mark Battersby
clock • 1 min read

US President Joe Biden is still "championing" a 15pc global corporate tax rate even as his administration bids to impose a 20pc rate for US multinationals. "The president is championing a 15pc corporate minimum tax here and around the world to ensure that no large profitable corporation gets away with paying $0 in taxes," the White House said in a statement to mark the day tax returns are filed in the US. In comments aimed at Republican lawmakers, the White House said on 18 April that "profitable corporations shouldn't pay a lower tax bill than a middle-class family, and shouldn't be ...

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