15% Tax on Corporates: Moral Victory for Developing Countries but Little Else

Professor Biswajit Dhar of Jawaharlal Nehru University talks about the recent agreement among close to 150 countries to impose a minimum of 15% tax on big corporates.

Professor Biswajit Dhar of Jawaharlal Nehru University talks about the recent agreement among close to 150 countries to impose a minimum of 15% tax on big corporates. He points out how it was driven by a need for developed countries to fill their coffers, and also talks about the process involved in implementing this agreement and its limitations.