12/06/2021 GMT
Talking Business examines the deal agreed by the world's biggest economies to tackle tax avoidance by some of the huge worldwide companies such as Apple and Google.
Some of the world's biggest economies have agreed a deal that they say will prevent huge worldwide companies from avoiding tax. The agreement will include a global minimum corporate tax rate of 15 per cent and a mechanism that will force the likes of Apple and Google to pay more tax in countries where they make sales rather than where they have their headquarters. The deal has been given the thumbs up by the G7 but it won't have real teeth unless the likes of Russia and China give it the green light at the next G20 meeting in July. Discussing the agreement's various pros and cons are Scott Hodge, the President of the Tax Foundation in Washington and someone who's preciously advised the Trump administration on Tax policy, and Eva Joly a former candidate for the presidency of France and MEP and currently a Member of the Independent Commission for the Reform of International Corporation Tax.
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