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Global Corporate Taxes Face ‘Revolution’ After U.S. Shift

  • Biden team reversed Trump’s approach to global minimum
  • Smaller countries may put up biggest opposition to U.S. plan
First Working Day Of 2021 In Paris Financial District
Photographer: Nathan Laine/Bloomberg
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A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses -- if only the rest of the world can agree.