By Metro US
Posted on
WASHINGTON (Reuters) – An agreement backing a global minimum tax reached Thursday by 130 countries does not include any China-specific carveout or exceptions, a U.S. administration official said.
China and the other members of the Group of 20 major economies all signed the agreement, which backed plans for a tax rate of at least 15%, the official added.
(Reporting by Andrea Shalal)
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