Global Report

Tuesday, Jul 01, 2025

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G7 nations back minimum corporate tax of at least 15%

FRANCE24, 07 Jun 2021

Group of Seven (#G7) nations reached a landmark deal on Monday to reduce the incentive of multinational companies to shift profits to #tax havens.G7 #finance ministers agreed on Saturday to back a global #corporate tax rate of at least #15% to squeeze more money out of sprawling companies such as Amazon and Google.

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