G7 backs Biden's sweeping overhaul of global tax system

UK finance minister Rishi Sunak announced the agreement in a video posted on Twitter Saturday, saying G7 finance ministers — hailing from Canada, France, Germany, Italy, Japan, the UK and the US — had “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.”The agreement was made during a G7