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G7 nations finalise historic deal to end tax abuse by global companies

BBC, 05 Jun 2021
The world's leading economies are on the brink of announcing an historic deal that would make multinational companies pay more tax.

The German finance minister said the agreement would “change the world”. He was speaking in London ahead of a meeting of G7 leaders of the world’s biggest western economies.

The plan aims to prevent the biggest multinational companies, in particular the major tech firms, exploiting tax loopholes.

Reeta Chakrabarti presents BBC News at Ten reporting by economics editor Faisal Islam.

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