ECONOMY - FINANCE - BUSINESS / Taxation

An agreement in principle is emerging in G7 on effective minimum company taxation

Chantilly, 17/07/2019 (Europe Agency)

Finance ministers and central bank governors of the G7 countries (France, Germany, Italy, the United Kingdom, Canada, the United States and Japan) made “real progress” on international tax reform on Wednesday 17 July in Chantilly, French Finance Minister Bruno Le Maire said after the meeting. 

Paris' stated objective: to pave the way for an agreement at the OECD in 2020. “If seven states fail to find a compromise, I cannot imagine that 129 states can find a compromise at the OECD...