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Over 130 countries clinch a deal that could radically reshape how companies are taxed

03:39
More than 130 countries on Friday agreed to set a global minimum corporate tax rate, a proposal spearheaded by U.S. Treasury Secretary Janet Yellen, seen here at a House Oversight Committee hearing on Sept. 30. (AFP via Getty Images)
More than 130 countries on Friday agreed to set a global minimum corporate tax rate, a proposal spearheaded by U.S. Treasury Secretary Janet Yellen, seen here at a House Oversight Committee hearing on Sept. 30. (AFP via Getty Images)

This article was originally published on October 08, 2021.

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