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Old 05-06-2021, 09:12 AM #1
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Join Date: May 2006
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Join Date: May 2006
Posts: 185,853
Default G7 nations agree a New tech giants Tax of 15% Global minimum

https://news.sky.com/story/g7-nation...ister-12325090

https://www.bbc.co.uk/news/business-57367057




[The world's leading economies are on
the brink of announcing a historic deal
to tax the tech giants, the German finance
minister has told Sky News.
Olaf Scholz said the plan to reform the
taxation of tech companies and introduce a
minimum level for business tax rates
would "change the world",
bringing in billions of pounds in tax revenue
which would otherwise have been
shifted to low tax countries.
The comments came as ministers from the
Group of Seven (G7) industrialised economies
met in London for the first such face-to-face
summit since the onset of COVID-19 over a year ago.]

[The creation of a global minimum corporate tax rate,
designed to encourage countries not
to cut their business tax rate below 15%.]


Ireland does not like this?

Last edited by arista; 05-06-2021 at 09:17 AM.
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