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


PTI, Jun 5, 2021, 5:28 PM IST

AFP photo

London: Britain’s treasury chief said the world’s richest countries have signed a landmark global agreement to confront tax avoidance and make sure giant tech companies pay their fair share.

Rishi Sunak said finance ministers from the Group of Seven leading industrialised nations signed the agreement on the second and final day of meetings in London.

“I’m delighted to say that G-7 finance ministers today, after years of discussions, have reached a historic agreement to reform the global tax system to make it fit for the global digital age and crucially to make sure that it’s fair so that the right companies pay the right tax in the right places,” Sunak said in a video message posted on Twitter.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Former BMTC senior official arrested for alleged fraud in awarding contracts

Radha Kamath, wife of Abharan jewelers owner passes away

Karnataka BJP to send fact-finding team to violence-hit area of Shivamogga

Will deal with issue of immunity of lawmakers if criminality attached to acts: SC

Karan Johar returning with brand new season of ‘Koffee With Karan’ on Oct 26

PM Modi praises archers for exceptional skill as they win gold in Asian Games

NewsClick founder Prabir Purkayastha, HR head sent to 7-day police custody

Related Articles More

3 scientists win Nobel Prize in chemistry for their work on tiny quantum dots

UK Prime Minister Rishi Sunak rallies his Conservatives by saying he’s ready to take tough decisions

Suspect in Bangkok mall shooting that killed 2 used a modified mock gun, police say

Flights cancelled and schools closed as Taiwan braces for Typhoon Koinu

3 scientists win Nobel Prize in physics for looking at electrons in atoms during split seconds

MUST WATCH

Rahul Gandhi Visits Golden Temple

10 Rupees Hotel at Udupi

8th Continent found

Kudukulli Mahalingeshwara Temple

Shivanna apologized to actor Siddharth on behalf of the Kannada film industry


Latest Additions

Cooperative bank scam: Congress accuses Left government of deceiving investors

3 scientists win Nobel Prize in chemistry for their work on tiny quantum dots

Ajit Pawar replaces BJP’s Chandrakant Patil as Pune guardian minister

Former BMTC senior official arrested for alleged fraud in awarding contracts

Disney Star ropes in record number of sponsors, advertisers ahead of ICC World Cup 2023

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.