
G7 Finance Ministers Agree on Global Minimum Tax of at Least 15 Percent
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G7 Finance Ministers Agree on Global Minimum Tax of at Least 15 Percent
The finance chiefs of the US, UK, Canada, France, Germany, Italy, Japan and the European Union also agreed on measures to tax transnational countries based on where they do business, not where they are headquartered.
The Group of Seven Western nations has agreed a minimum corporate tax rate — and measures aimed at ending avoidance by Big Tech giants.
Finance ministers from the G7 countries meeting in the UK's capital rejected US President Joe Biden's call for a 21 per cent global minimum business tax rate, settling on a far-lower figure of 15 per cent.
Blogger's note: Joe brainless traitor Biden moves to fund the New World Order or should I say The Great Reset. Wake up America.
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