G7 votes on historic agreement on minimum corporate tax rate

G7 votes on historic agreement on minimum corporate tax rate

in London (United kingdom), NS Finance Ministers On Saturday, June 5th, the Group of Seven nations voted on a historic agreement to introduce a minimum corporate tax rate.

It is a historic agreement that resembles a revolution. NS Finance Ministers The G7 nations met in London on Saturday 5 June to discuss a global tax. The latter relates to the minimum tax on profits of multinational corporations 15e% To prevent financial dumping. With this low-cost and lowest tax rate, we can ensure that countries and businesses, wherever they operate, are on a level playing field.‘, Come on feathers sonakBritish Chancellor of the Exchequer.

This vote was made possible by the atmosphere of the new government BidenWhile Donald Trump blew it three years ago. Another measure is aimed directly at highly profitable multinational corporations, such as digital giants. This is historic because for the first time digital giants will be taxed because they have largely escaped taxes for years. Specifically, you have a multinational company making a profit in France and you decide to move to a country where you only pay 1, 2, or 3% corporate tax. Well, she will have to pay the difference to FranceBruno Le Maire detail. Joe will agree to the deal at the end of next week Biden And the other G7 heads of state, they would then have to pass it G20 In July this year, in Italy.

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