'The critical thing is to have growth around the world'
World Bank president David Malpass has told the BBC in an exclusive interview that world leaders considering a global minimum tax rate should avoid one that is too high.
"The critical thing is to have growth around the world - developing countries need growth and so tax rates matter," he said.
"There also needs to be a legal environment that attracts new investment into the poorer countries.
"[21%] strikes me as a high corporate rate but that's not my call, and more importantly for the world, it is to think about the tax structure as a whole."
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