China and US home to nearly 60% of companies likely to pay global tax

TOKYO -- U.S. and Chinese companies make up more than half the multinational companies likely to be caught by a proposed global tax plan, which is expected to open up roughly $100 billion in annual profits to taxation.

Nikkei research based on earnings data from QUICK FactSet shows 81 companies meeting the revenue and profit margin thresholds set out in an agreement announced Thursday.