G7 nations back minimum corporate tax of at least 15%

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The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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  • FRANCE 24 English published this video item, entitled “G7 nations back minimum corporate tax of at least 15%” – below is their description.

    Group of Seven (#G7) nations reached a landmark deal on Monday to reduce the incentive of multinational companies to shift profits to #tax havens.G7 #finance ministers agreed on Saturday to back a global #corporate tax rate of at least #15% to squeeze more money out of sprawling companies such as Amazon and Google.

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    France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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