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IMF Warns of Risk of Eventual Trade War Without Global Tax Deal

  • Fund says pact ‘urgently needed’ to avoid trade, tax conflict
  • Georgieva says IMF ‘optimistic’ for corporate deal this year
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Global Minimum Tax Gains Momentum With G-20 Finance Chiefs

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The International Monetary Fund called on nations to agree on global rules for corporate-income taxation to avoid an eventual scenario where conflicts between countries make all of them worse off.