Rishi Sunak announces ‘historic agreement’ by G7 on tax reform

Finance ministers agree deal to force multinationals to pay tax in all countries where they operate

The G7 group of wealthy nations have signed a landmark deal to tackle tax abuses by some of the world’s biggest multinationals and establish a minimum global corporation tax for the first time.

Finance ministers from the world’s richest economies agreed the historic deal on Saturday as part of talks held in London, the chancellor, Rishi Sunak, said.

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