Implementation of global tax code will be the key, says Marna Ricker

Globally, 143 countries are negotiating for a new global tax code that aims to put a minimum rate of corporate income tax and eliminate the low and zero-tax regime. Marna Ricker, EY Global vice-chair (tax), in an interview with Krishna Kant in Mumbai, discusses the progress on the new tax code and its implications for companies and capital flows. Edited excerpts:

What has been the progress on worldwide negotiations to bring out a global minimum corporate income tax and zero or low-tax jurisdictions?
 

I would say the progress has been quite encouraging so far. The negotiations are part of