Based on the last sentence below, I think the multinationals will flex on this signalling relocation to VietNam and Malaysia and it will crumble for individuals as well...
"Under the proposed framework, multinational corporations with annual global revenues exceeding US$870 million would be subject to a worldwide minimum tax (GMT) rate of 15 percent, regardless of the jurisdiction in which they operate. If these companies pay less than this minimum rate in a particular country, they must pay additional taxes to meet the 15 percent threshold."