Small Countries Rejecting Biden’s Global Income Tax

Nine countries are rejecting the Biden administration’s push for a “global minimum tax” for corporations. According to Fox News Business, “130 of the 139 countries in the Organization for Economic Cooperation and Development agreed to a long-sought conceptual framework to overhaul the global tax system, including a minimum rate of at least 15% on multinational corporations, regardless of where they operate. But nine countries – Barbados, Estonia, Hungary, Ireland, Kenya, Nigeria, Sri Lanka, St. Vincent, Peru and the Grenadines – did not sign the tentative framework.” [adsanity_group num_ads=”1″ align=”aligncenter” num_columns=”1″ group_ids=”2381″/] The rejections by Hungary, Ireland, and Estonia are particularly threatening


