Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
G7: Rich nations confident on reaching tech tax deal
Source: BBC
G7: Rich nations confident on reaching tech tax deal
5 June 2021
Finance ministers from the G7 group of leading economies are confident of striking a deal on taxing multinational companies at their meeting in London.
The agreement is expected to include a global minimum rate of corporation tax.
It would target tech giants such as Amazon and Microsoft.
German finance minister Olaf Scholz said the deal would "change the world".
He said a 15% rate would help pay back debts that have built up during the pandemic - and that he was "absolutely confident" there would be an agreement.
-snip-
5 June 2021
Finance ministers from the G7 group of leading economies are confident of striking a deal on taxing multinational companies at their meeting in London.
The agreement is expected to include a global minimum rate of corporation tax.
It would target tech giants such as Amazon and Microsoft.
German finance minister Olaf Scholz said the deal would "change the world".
He said a 15% rate would help pay back debts that have built up during the pandemic - and that he was "absolutely confident" there would be an agreement.
-snip-
Read more: https://www.bbc.com/news/business-57367057
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
