WebJun 5, 2024 · Representatives from seven of the world's wealthiest nations reached an agreement on Saturday to support a global minimum tax rate of at least 15% for multinational companies, a move aimed at curbing the use of tax havens and ending the decades-long race to the bottom on corporate taxation. WebSep 9, 2024 · Countries outside the G7 can keep buying Russian oil, and companies in the G7 can continue to offer services to support those sales—as long as the oil these services support is purchased at or below a certain price. ... The price cap creates a clear economic incentive to sell under the cap. We intend to set the price cap above Russia’s ...
G7 tax reform: what has been agreed and which companies will it …
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