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The Global Minimum Tax Deal

  • Published
    14th Oct, 2021

Examine how a ‘Global Minimum Corporate Tax’ (GMCT) will ensure that the new-age multinational companies pay their fair share of taxes. Also, discuss the impact of a GMCT on India. (250 Words)

Approach:

  • Introduce by giving a definition of Global minimum tax.
  • Enumerate the benefits that GMCT is expected to have
  • List the impacts of GMCT on India
  • Way Forward and Conclusion
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