G7 ministers agree global tax reforms to crack down on big tech tax avoidance

The Telegraph published this video item, entitled “G7 ministers agree global tax reforms to crack down on big tech tax avoidance” – below is their description.

Rishi Sunak has announced a crackdown on big tech tax avoidance after making a deal with the G7 finance ministers.

The reforms will mean that tech giants must pay a global minimum tax of at least 15pc to stop them shifting their profits to havens around the world.

The chancellor, speaking outside Lancaster House in London, said the tax overhaul was a “huge prize for British taxpayers – creating a fairer tax system for the 21st century”.

Get the latest G7 updates here: https://www.telegraph.co.uk/g7-summit/

Subscribe to The Telegraph on YouTube ► https://bit.ly/3idrdLH

Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK’s best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.

#BigTech #TaxReforms #G7Summit

The Telegraph YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

About This Source - The Telegraph

The Daily Telegraph, known online as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as Daily Telegraph & Courier.

Recent from The Telegraph:

  • Children aged between 12 and 15 have the highest infection rates across all ages, warns Chris Whitty
  • La Palma firefighters explain how they are trying to redirect lava running through Todoque
  • Cavers discover what lurks in Yemen’s ‘Well of Hell’ for first time
  • In This Story: Rishi Sunak

    Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.

    His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.

    Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.

    Brief Biography Here.

    7 Recent Items: Rishi Sunak

  • Labour and Conservatives chant in ‘pantomime’ display during PMQs
  • New tax will fund health and social care reform, Boris Johnson 🇬🇧 @BBC News live 🔴 BBC
  • Boris Johnson, Sajid Javid and Rishi Sunak visit London care home
  • Johnson holds news conference on plans to fix social care system – watch live
  • In full: Boris Johnson expands more on social care plans for England
  • Chancellor Rishi Sunak says ‘borrowing now would mean higher taxes later’
  • Live: Rishi Sunak answers questions from MPs
  • Leave a Comment

    We don't require your email address now, just your name. BUT, if you do add it, you may be notified if there are replies to your comment. Please make respectful comments, which add value, and avoid personal attacks on others. Comments failing to adhere to these guidelines will not be published.