G7 Finance Group is about to reach an agreement on a global tax on multinationals

They meet for the first time since the pandemic at a potentially historic summit in London on Friday. Finance ministers from the Group of seven richest countries are expected to agree on a combined corporation tax of 15%.

Will the G7 Financial Summit in London on June 4-5 be historic? The international press is full of optimism, while the hypothesis of a global agreement on the lowest corporation tax rate has never been credible.

This morning, at a forum signed by leading German, Italian, French and Spanish bankers care takerTitle “A Global Corporation Tax Agreement Is At Hand: Let’s Do It”, she gave . they are committed Take a general stand on new international taxes from the G7 finance ministers meeting in London this Friday, to reach a “Global Conference at the G20 in Venice in July”. The Group of Seven includes Germany, Canada, the United States, France, Italy, Japan, and the United Kingdom.

Taxing multinationals is the snake of international relations, always rejected by countries making their honey minimum taxing to host the headquarters of the largest corporations. “Who would have thought a few years ago that the G7 would discuss a global minimum tax rate for multinationals?” Question not free belgium In adding editorial: However, the club of the planet’s old prosperous economies must


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About the Author: Piers Parker

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