G7 is close to agreement on taxation of world’s largest companies, reports FT | Malay Mail

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LONDON, May 24 — Group of Seven countries (G7) are close to reaching agreement on the corporate taxation of multinationals, clearing the way for a global deal later in the year, the Financial Times (FT) reported. After the United States agreed to accept a minimum rate of at least 15 per cent,...

Monday, 24 May 2021 03:35 PM MYT

A G7 deal could be agreed as early as Friday after progress was made among top officials in recent days, the FT said.

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