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Jul 12, 2021

More agreement on global tax crackdown

G-20 finance leaders just backed a proposal for a global corporate minimum tax rate of at least 15%. There’s still a long way to go before that becomes a reality. Plus, a look at an upcoming economic “report card” and the upshot for student borrowers of loan servicer FedLoan’s decision to bow out.

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U.S. Treasury Secretary Janet Yellen looks on during a press conference during the G20 finance ministers and central bankers meeting in Venice, on July 11 2021. G20 finance ministers gathered on July 9, 2021 in Venice under tight security, with global tax reform at the top of the agenda as the world's biggest economies seek to ensure multinational companies pay their fair share.
U.S. Treasury Secretary Janet Yellen looks on during a press conference during the G20 finance ministers and central bankers meeting in Venice, on July 11 2021. G20 finance ministers gathered on July 9, 2021 in Venice under tight security, with global tax reform at the top of the agenda as the world's biggest economies seek to ensure multinational companies pay their fair share.
Photo by Andreas Solaro/AFP via Getty Images

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The Team

More agreement on global tax crackdown