Tuesday, December 23, 2025
30.0°F

G-7 nations sign key pact to make tech giants pay fair taxes

by Kelvin ChanDavid McHUGH
| June 5, 2021 5:03 AM

LONDON (AP) — The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax rate of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy