According to the data collated from the Tax Foundation and Pricewaterhouse Coopers, here is a list of the top 10 countries with the lowest Corporate Tax Rates in 2025.

Global Corporate Tax 2025: Top 10 countries with the lowest corporate tax rates

The Indian government is considering a significant boost to the manufacturing sector by extending the favorable corporate tax rates for new companies, say several media reports.

Budget 2024: Concessional corporate taxes to get another extension, say reports

United States will look for every opportunity to move ahead and enact a global Minimum Corporate Tax agreement, this despite opposition of a key democratic senator Joe Manchin to raise corporate tax rates.

Yellen: United States aims to move ahead on Minimum Corporate Tax

Leaders of G20 countries on Saturday (October 30), agreed on a historic corporate tax reform deal that will bring corporate tax at minimum level of 15 per cent. The rules will come into force in 2023.

G20 leaders agree on historic corporate tax deal

UK Prime minister Boris Johnson met Amazon founder Jeff Bezos on the sidelines of the UN General Assembly in New York as they discussed the contentious issue of taxation.

Bezos won't pay taxes as an act of kindness, says Johnson after meeting Amazon founder

In a bid to facilitate a broader global tax deal, the European Union has agreed to delay a corporate tax plan for the bloc following pressure from the US administration, but EU member Ireland reiterated its criticisms of the wider reform.

World Business Watch: After US push, EU pauses tax plan but Ireland sticks to its guns

Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules where companies are taxed and a tax rate of at least 15%.

World Business Watch: 130 countries back global minimum corporate tax of 15%

After raising doubts on U.S. Treasury Secretary Janet Yellen's G-7 deal to impose a global minimum corporate tax and allow more countries to tax big multinational firms, several top Senate Republicans have rejected the deal.

US Republicans to oppose G7 tax deal

Group of Seven rich nations (G7) on Saturday agreed over a global minimum tax of at least 15 per cent on a country by country basis. This is a landmark move. It is understood to be aimed at getting multinationals, especially tech giants to put more money in government coffers in times when economies around the world have been hit because of coronavirus pandemic.

Eye on tech firms: G7 nations agree on minimum 15 per cent corporate tax rate

Facebook on Saturday welcomed progress made by G7 group of countries on a minimum tax rate. The social media giant accepted that the decision can mean that it would have to pay more taxes and in different places, its head of global affairs Nick Clegg said on Saturday.

Facebook says it could pay more corporate tax after G7 decision

The group of G7 nations agreed on 15 per cent tax for the corporates. The landmark move is understood to be aimed at getting multinationals especially tech giants to put more money in government coffers.

Top 10 World News: G7 on corporate tax, Turkish drone strikes, and more

Finance ministers from the G7 group of rich nations are meeting in London for two days of talks aimed at moving closer to a global deal to raise more tax from giant corporations likes Google, Facebook, and Amazon.

G7 Finance Ministers summit to be held over 2 days

The US Treasury Department has offered to accept a global minimum corporate tax of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for US MNC's.

World Business Watch: US Treasury floats global corporate tax of at least 15%

After topping the list of Forbes' annual world's billionaires for the fourth consecutive year, Amazon’s founder Jeff Bezos has lent support to the proposal of raising taxes on US companies.

Amazon's Jeff Bezos supports Biden's tax increase on US corporates

US President Joe Biden is looking to raise corporate income tax rates to help pay for his proposed $2.3 trillion infrastructure spending plan. He said that the rise in the tax would not dampen the already fragile economy and drive business abroad.

Biden looks to raise US corporate taxes, says higher corporate tax won’t hurt economy

World Bank President David Malpass on Saturday appreciated the government's decision to slash corporate tax and said the move will help in the further growth of the economy.

World Bank president praises India's decision to slash corporate tax

India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, finance minister Nirmala Sitharaman said on Sunday, after slashing corporate tax rates to boost a flagging economy.

No plans to revise fiscal deficit target or cut spending now: Finance Minister

Days after the central government slashed taxes for new domestic manufacturing companies to 15 per cent, Union Finance Minister Nirmala Sitharaman on Sunday said that India has become an attractive destination for companies to relocate their supply chains from China.

India an attractive destination to relocate supply chains: Nirmala Sitharaman

Chief Minister Yogi Adityanath on Sunday backed the Centre's decision to cut corporate tax rates, saying that this will pave the way for India becoming a $5 trillion economy, while Uttar Pradesh will be a $1 trillion economy by 2024.

Corporate tax rate cuts will help India become $5 trillion economy: Yogi Adityanath

The government's decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth is credit positive for companies because it will enable them to generate higher post-tax incomes, Moody`s Investors Service said on Saturday.

Corporate tax reduction is credit positive for companies but increases government's fiscal risks: Moody's

Domestic stock market indices today saw a great trading day with the benchmark BSE Sensex surging 1900 points after the government proposes to slash Corporate tax for domestic companies and new domestic companies.

Sensex posts biggest one-day gain in 10 years; rises over 1,900 points

Government on Friday slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. Making the announcement, Finance Minister Nirmala Sitharaman said the new tax rate will be applicable from the current fiscal which began on April 1.

Government slashes corporate tax to 25.17% for domestic companies

Prime Minister Narendra Modi on Friday hailed Finance Minister Nirmala Sitharaman's announcement to slash corporate tax rates and called it "historic". The prime minister said that the move will attract private investment from all across the world.

It's a win-win for 130 crore Indians: PM Modi on corporate tax rate cut

The domestic stock markets indices Sensex and Nifty registered their biggest single-day gain in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy.

Sensex surges over 2200 points after Finance Minister’s corporate tax cut announcement

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