Reforms force multinationals to pay tax in all countries they operate in, but Amazon could evade new rules
The G7 group of wealthy nations signed a historic tax agreement to tackle tax abuses by multinationals and online technology companies on Saturday, agreeing to a minimum global corporate tax rate for the first time.
Although broadly welcomed by tax campaigners and labelled a moment that would “change the world” by G7 finance ministers, months and possibly years of talks still need to take place before the rules come into force.