Global corporate-tax overhaul advances as 136 nations sign on

After year-long delays and postponements, a new global tax system has gained the support from 136 countries in a Friday agreement solving key issues, according to the OECD.
Photo: Ian Langsdon/AFP / POOL
Photo: Ian Langsdon/AFP / POOL
By William Horobin and Isabel Gottlieb, bloomberg

A vast overhaul of corporate taxation won support from 136 countries, as governments resolved key differences over the level of a global minimum rate and an end to new digital taxes that the US has deemed discriminatory.

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