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Added on the 09/10/2021 12:29:55 - Copyright : Euronews EN
Finance Ministers meet central bankers at the G20 in Venice with a view to stopping multinational companies from shifting profits into low-tax havens.
The government is preparing to sign off on the historic agreement at a cabinet meeting on Thursday.
Venice, Jul 9 (EFE) .- (Camera: Álvaro Padilla) The French Minister of Economy, Bruno Le Maire, said on Friday in Venice that he will ask the finance ministers and governors of the G20 central banks to agree on a global minimum tax for companies bigger than 15%.FOOTAGE OF THE ARRIVAL AT THE G20 MEETING OF THE FRENCH MINISTER OF FINANCE, BRUNO LE MAIRE.SOUNDBITESTRANSLATION "France accepted that the minimum corporate tax was at least 15% in the final G7 declaration. We want this minimum corporate tax rate to be higher than 15%, that will be the position that I will defend here today."
Group of Seven (G7) nations reached a landmark deal on Monday to reduce the incentive of multinational companies to shift profits to tax havens.G7 finance ministers agreed on Saturday to back a global corporate tax rate of at least 15% to squeeze more money out of sprawling companies such as Amazon and Google.
Group of Seven (G7) nations reached a landmark deal on Monday to reduce the incentive of multinational companies to shift profits to tax havens.G7 finance ministers agreed on Saturday to back a global corporate tax rate of at least 15% to squeeze more money out of sprawling companies such as Amazon and Google.
Thousands of traumatised Syrians leave the rebel enclave of Aleppo as the UN Security Council votes to deploy observers to the battered city to monitor the evacuations.
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