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G7 countries reach deal on global corporate tax

DW, 05 Jun 2021
G7 finance ministers meeting in London say they've reached a deal on global tax reform. The agreement is designed to close the loopholes used by some of the world's biggest companies to avoid paying taxes. Germany says it's quote 'good news for justice and fiscal solidarity'. It would set corporate tax at a minimum of 15 percent, no matter where companies are based.


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