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  • Guardian Weekly

    Fairer share Tax deal is about the balance of power as much as global reform

    Jun 11, 2021 3 minutes
    By Richard Partington LONDON

    A historic agreement has been reached. For decades, multinational corporations have abused gaps in an international tax system that has barely changed since agreements made at the League of Nations in the 1920s.

    After meetings in London last weekend, the message from the G7 group of wealthy nations is clear: time has been called on tax havens. In a landmark move, a global minimum rate of corporation tax has been agreed, alongside measures forcing large companies and online

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