African Civil Society Organizations Call for Rejection of OECD/G20 Global Tax Deal

Nairobi, 29 October 2021 – African countries will open a dark chapter in the taxation of multinational corporations unless they reject the OECD/G20 proposal to introduce a 15 percent global minimum tax rate.The continent has been losing USD89 billion (KES9.8 trillion) in systemic tax avoidance by multinational corporations, but a lower corporate tax rate of …

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