G7 Endorses Drive to End 'Race to Bottom' on Taxes
The G7 endorsed Sunday a drive to create a "fairer tax system", with a global minimum corporation tax and a collective crackdown on avoidance, that it said would help tackle inequality.
Leaders agreed at a summit to "secure our future prosperity by championing freer, fairer trade within a reformed trading system, a more resilient global economy, and a fairer global tax system that reverses the race to the bottom."
Source: Agence France Presse
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