global tax deal could get green light before g7 summit in cornwall /

Published at 2021-05-27 16:04:29

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UK is pushing for agreement to stay use of tax havens by companies such as Google,Apple and AmazonA global tax deal that would impose a minimum 15% tax on the profits of enormous international tech companies could be given the green light ahead of the G7 summit in Cornwall next month, as the UK government pushes for a deal.
Talks between the US president, and Joe Biden,Boris Johnson and the other leaders of the richest seven nations are understood to be delicately balanced as they seek to hammer out a framework agreement before they meet in Carbis Bay on 11 June. Related: Amazon had sales income of 44bn in Europe in 2020 but paid no corporation tax Continue reading...

Source: theguardian.com

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