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Statement 1 is correct : Global minimum tax deal :It is a global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation. Statement 2 is correct : The global minimum tax rate would apply to overseas profits of multinational firms. Statement 2 is not correct : Recently the ‘G20 Ministerial Symposium on Tax and Development’ was held in Bali, Indonesia. Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could “top up” their taxes to the 15% minimum, eliminating the advantage of shifting profits. A second track of the overhaul would allow countries where revenues are earned to tax 25% of the largest multinationals’ so-called excess profit – defined as profit in excess of 10% of revenue.
How many seats are there around the table?
Who among the following person sits immediate right of A?
Eight people, P, Q, R, S, T, U, V and W are sitting in a straight line, facing north. Only three people sit to the left of P. Q sits third to the right ...
Who among the following person is sitting opposite to the one who is sitting immediate left of O?
Who among the following attends the seminar immediately after M’s brother?
Who amongst the following reads The Hindu?
Who among the following sits second to the right of H?
Six persons J to O are sitting on a circular table at an equal distance from each other. All of them are facing towards the centre. J is sitting second ...
In a code language, 65742 is coded as 74833. What will be the code for 87385 in that language?
Four of the five among the following are similar in such a way to form a group, which one of the following doesn’t belongs to the group?