Britain's Chancellor of the Exchequer Rishi Sunak speaks at a meeting of finance ministers from across the G7 nations ahead of the G7 leaders' summit, at Lancaster House in London, Britain, June 4, 2021. /Reuters
Britain's Chancellor of the Exchequer Rishi Sunak speaks at a meeting of finance ministers from across the G7 nations ahead of the G7 leaders' summit, at Lancaster House in London, Britain, June 4, 2021. /Reuters
Finance ministers from Group of Seven (G7) nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a U.S.-backed plan.
"We ... commit to a global minimum tax of at least 15 percent on a country by country basis," said a statement at the conclusion of their London meeting.
The G7 hopes to reach a final agreement at the July gathering of the expanded G20 finance ministers group, it added.
Source(s): AFP