Talks hosted by Rishi Sunak believed to be very close to agreement in principle on global reforms

The G7 group of wealthy nations is close to a historic agreement to radically reshape international tax rules by using a global minimum rate of corporation tax to prevent abuse of the system by multinationals.

Finance ministers from the world’s biggest western economies were negotiating details late on Friday with the aim of reaching a landmark deal early on Saturday as part of talks being held in London.

Continue reading…

You May Also Like

Brace Yourself for the 2024 Deepfake Election

“It consistently amazes me that in the physical world, when we release…

For Alex Salmond and his new Alba party, the prospects are not looking good | David Clegg

A new poll forecasts no seats won in next month’s Holyrood elections…

Liverpool suffer Champions League setback after Atalanta’s quickfire double

Jürgen Klopp was unrepentant. Atalanta, appropriately inspired by a No 10 from…