Currently countries have corporate tax rates above and below the proposed 15% rate

Currently countries have corporate tax rates above and below the proposed 15% rate

A selection of countries by corporate tax rates (%)

Bermuda

0.0%

Cayman Islands

0.0%

Hungary

9.0%

United Arab Emirates

9.0%

Ireland

12.5%

Global minimum rate

15.0%

United States

21.0%

China

25.0%

France

25.0%

United Kingdom

25.0%

Germany

30.0%

Japan

30.6%

Corporate tax rate (%)