commitment saying that a global minimum tax would end the race to the bottom of the corporate taxation
we're looking for endorsement of an agreement at the G20 which represents a very large share of GDP and there are yet large larger number of countries that are participating in the underlying oecd process that we expect if we're successful with the G20 to agree
play a chord could form the basis of a global pack next month at the G20 Summit to be held in Venice the global 20 includes a number of emerging economies as well the G7 comprising United States Canada United Kingdom France Germany Italy and Japan will collectively put pressure on other countries to follow the new agreement British Finance Minister has called the Accord fit for the global digital age we also so said that the decision will ensure fairness as all companies will be operating on the same level
delighted to announce that today often hears of discussion G7 Finance ministers have reached a historic agreement to reform the global tax system to make it fit for the global digital age but crucially to make sureIreland's Finance Minister also heal the decision and said that it is in everyone's interest meanwhile Facebook has welcomed the decision as well the social media giant Global Affairs had said in a statement said the agreement is the first step towards strengthening public confidence in the global tax system he also said Facebook wants to reform to succeed even though it means paying more tax in the latest agreement companies will also have have to declare their environmental impact so that investors can decide whether to fund them or not

