G7: Rich worldwide locations support deal to tax multinationals – BBC News

G7: Rich worldwide locations support deal to tax multinationals – BBC News

The G7 neighborhood of developed economies has reached a “ancient” deal on taxing multinational corporations.

Finance ministers assembly in London agreed to fight tax avoidance thru measures to compose corporations pay within the worldwide locations where they finish enterprise.

They also agreed in precept to a world minimal corporate tax rate of 15% to abet away from worldwide locations undercutting one another.

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