The G-7 group of advanced economies announced an historic accord to set a minimum global corporate tax rate on Saturday, taking a first step to reverse a four-decade decline in the taxes paid by multinational corporations.
Democracy Dies in Darkness
G-7 countries reach agreement on 15 percent minimum global tax rate
The accord announced by finance ministers could reshape tax obligations of multinational corporations
By Jeff Stein
and June 5, 2021 at 4:36 p.m. EDT