ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

G-7 tax deal reverberates in Singapore and beyond: What to know

Proposed minimum of 'at least 15%' spurs talk of strategic rethink

SINGAPORE -- The Group of Seven advanced economies last week committed to setting a global corporate tax rate of "at least 15%" -- a major milestone in the push for fairer taxation in an era of globalization and digitalization.

While the G-7's proposal will be discussed further in the coming weeks in larger international frameworks, such as the Group of 20, Asian countries and multinationals are already weighing the impact, should a minimum tax materialize.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more