G20 validates a 15% global minimum tax for multinationals

G20 leaders unanimously approved a 15 percent global minimum tax on large corporations, official sources said. “Today, all G20 leaders approved a historic agreement on new international tax rules, including a global minimum tax,” said Janet Yellen, U.S. Treasury Secretary, Read more

Saudi Arabia to launch Thursday “Riyadh Initiative” at UN to support global anti-corruption efforts

Saudi Arabia will Thursday launch in Geneva the “Riyadh Initiative” aimed at establishing a global network of operations to exchange information between anti-corruption agencies, Arab News reports. The initiative aims at developing a rapid and effective tool to combat cross-border Read more