Correction: Global Minimum Tax-Explainer story

By AP News

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FRANKFURT, Germany (AP) — In a story published October 9, 2021, about a global minimum corporate tax, The Associated Press erroneously reported that the tax would apply to companies with more than 750 billion euros ($864 billion) in revenue. The figures should have been 750 million euros ($864 million).

FILE - In this Monday, Nov. 18, 2019 file photo, the logo of Google is displayed on a carpet at the entrance hall of Google France in Paris. On Thursday, Oct. 7, 2021 Ireland agreed to join an international agreement establishing a minimum corporate tax of 15% around the world, ditching the low-tax policy that has led companies like Google and Facebook to base their European operations in the country. (AP Photo/Michel Euler, File)

FRANKFURT, Germany (AP) — In a story published October 9, 2021, about a global minimum corporate tax, The Associated Press erroneously reported that the tax would apply to companies with more than 750 billion euros ($864 billion) in revenue. The figures should have been 750 million euros ($864 million).

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