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Estonia Pledges to Join OECD Global Tax Agreement

Oct. 7, 2021, 8:29 PM

Estonia, one of six countries that refused to sign a preliminary global tax deal in July, will join the agreement tomorrow, the government said Thursday.

Estonia can accept the deal because the minimum tax will have little impact on its local entrepreneurs, it said.

  • The Organization for Economic Cooperation and Development is leading talks among 140 countries for a global tax overhaul that would establish a global corporate minimum tax rate and reallocate a slice of the largest multinationals’ profits to more countries.
  • Negotiators will meet Friday, followed next week by Group of 20 finance ministers looking to ...