IMF says encouraged by tax agreement; urges holdout countries to join up

During the IMF/World Bank spring conference in Washington, D.C., on April 20, 2018, the International Monetary Fund emblem is seen outside the headquarters building. Yuri Gripas/REUTERS/File Photo (Reuters) – WASHINGTON, July 1 (Reuters) – On Thursday, the director of the International Monetary Fund praised a 130-country agreement to support a worldwide corporate minimum tax, saying that work would continue to bring more countries into the fold. IMF Managing Director Kristalina Georgieva told reporters, “This train has clearly left the station.” “Work will continue to ensure that nations that have not yet joined may identify their own interests,” she added. Andrea Shalal and David Lawder contributed reporting, and Leslie Adler edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More