And according to eu tax watchdog of 2021 agreement aimed at
weakening tax havens and getting multinational corporations to pay minimum tax
has been weakened by loopholes.
A
new report by the European tax observatory finds the revenue
that was expected to be generated by these taxes has been
greatly diminished.
The organization for economic co operation and development
deals sell a minimum corporate tax rate of 15% for global corporations.
The report states that the tax would have generated about
$270 billion but that number is now around 135 billion.