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G-20 Backs Tax Overhaul That Makes Rich Countries Big Winners
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Leaders of the world’s biggest economies endorsed a deal on corporate taxation that they hope will safeguard their future revenues and offer stability to businesses that operate internationally. The main beneficiaries are likely to be rich countries, including the U.S.
In the opening session of their summit in Rome, leaders of the Group of 20 major economies gave their blessing to a global pact that has been more than a decade in the making, according to officials.
Read more on wsj.comAbout this in other media
Almost $500bn ‘lost to tax abuse by firms and super-rich in 2021’ theguardian.com /2 years ago
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