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Global corporate-tax overhaul advances as 136 countries sign on

In addition, countries agreed not to impose new digital services taxes as of Friday

Taxes
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Of the countries involved in the talks, Kenya, Nigeria, Pakistan, and Sri Lanka haven’t signed the deal

William Horobin and Isabel Gottlieb | Bloomberg
A vast overhaul of corporate taxation won support from 136 countries, as nations resolved key differences over the level of a global minimum rate and an end to new digital taxes that the US has deemed discriminatory.

The group includes all nations in the Group of 20, European Union and Organization for Economic Cooperation and Development, the OECD announced Friday. After years of missed deadlines and wrangling over how to handle global tech firms such as Facebook Inc. and Alphabet Inc.’s Google, Friday’s deal included a 15% minimum rate for corporations and the main parameters to slice the profits of

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