Tue, 21-Oct-2025

OECD hails ‘major victory’ as global tax holdouts join reform

OECD hails 'major victory' as global tax holdouts join reform

BUDAPEST: A global push to enact a minimum international tax on big corporations moved closer to reality on Friday as one of the last holdouts, Hungary, agreed to join a reform that now counts 136 countries. The OECD-brokered deal, which sets a global tax of 15 per cent, is aimed at stopping international corporations from … Read more