Liam Dann: Why America's tax haven plan could change the world

Author
Newstalk ZB,
Publish Date
Mon, 12 Apr 2021, 1:55PM
Joe Biden's tax plan could have exciting ramifications for the rest of the world. (Photo / AP)
Joe Biden's tax plan could have exciting ramifications for the rest of the world. (Photo / AP)

Liam Dann: Why America's tax haven plan could change the world

Author
Newstalk ZB,
Publish Date
Mon, 12 Apr 2021, 1:55PM

US Treasury Secretary Janet Yellen is making the case for a global minimum corporate tax rate, saying it's important to make sure the ‘global economy thrives based on a more levelled playing field.'

Yellen has called on OECD countries to agree on a global corporate minimum tax rate.

They've proposed 21 percent - and surprisingly, some big players are on board like Amazon's Jeff Bezos.

NZ Herald Business Editor at Large Liam Dann joined Kerre McIvor to discuss the idea and what it might mean for New Zealand. 

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