The United States, the big beneficiaries of the G-7 agreement on global corporate tax

It’s not as beneficial as it seemed. At least for the UK and probably for more countries, with the exception of the United States. The much publicized principle according to which G-7 member states have arrived this weekend to promote a global corporate tax of at least 15% will favor Washington more than London or other capitals. In the UK, for example, the forecast is that what the big tech companies pay in taxes will even go down with the new system.

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