G7 agrees on global tax reform, among others on a global minimum rate that ensures multinationals pay tax of at least 15% in each country they operate in. OECD Secretary-General welcomed this ground-breaking agreement. Members of the European Parliament hail minimum global corporate tax rate deal as historic
Saturday 5 June 2021, the G7 has agreed to back an historic international agreement on global tax reform which delivers on the Chancellor’s promise for big international companies to start paying their fair share. Following years of discussions, finance ministers agreed to reforms which will see multinationals pay their fair share of tax in the countries they do business, according to a news release on the website of the G7 UK ...
