OECD Seeks ‘Right Balance’ on Global Minimum Corporate Tax

The video discusses the complexities of global taxation, focusing on a G7 agreement to implement a minimum 15% tax rate for large multinational companies. It highlights the role of the OECD and the US in facilitating this agreement and addresses the challenges of ensuring fair taxation in a globalized and digitalized economy. The discussion also touches on the potential hurdles in expanding the agreement to G20 countries and the balance between global tax policies and local economic interests.

What role does the OECD play in the global taxation framework?

What are the potential hurdles in the ongoing negotiations for a global tax agreement?

How can countries ensure that companies do not exploit loopholes in the tax agreement?