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Global Minimum Tax Creates Biggest Corporate Risk, CEOs Say

Sept. 8, 2021, 3:23 PM

U.S. company bosses say that taxation is the biggest threat they face after the pandemic, with plans to introduce a global minimum tax rate threatening growth, according to a new survey by KPMG.

U.S. CEOs ranked tax risk ahead of problems with supply chains, reputation, climate and cybersecurity, KPMG said Wednesday. Some 77% said that a deal on global taxation agreed by 130 countries including the U.S. in July threatened their growth.

  • “With another round of U.S. tax reform on the horizon, to a monumental global tax deal that will alter the way multinationals and digital services are taxed, to ...

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