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Finance ministers from the G7 group of leading economies are confident of striking a deal on taxing multinational companies at their meeting in London.
The agreement is expected to include a global minimum rate of corporation tax.
It would target tech giants such as Amazon and Microsoft.
German finance minister Olaf Scholz said the deal would “change the world”.
He said a 15% rate would help pay back debts that have built up during the pandemic
This post was originally posted on BBC News. Read the rest of the story at https://www.bbc.co.uk/news/business-57367057.