G7 Finance Ministers Wrangle Over Global Tax

Jun.04 — G-7 finance ministers meet in London today where a revamp of the international tax system is likely to be on top of the agenda. European leaders are considering a proposal from the Biden administration to make companies with at least $20 billion in annual revenue pay more of their tax bill in places that they operate, not necessarily where they choose to allocate their profits. Bloomberg’s Alessandra Migliaccio reports on “Bloomberg Daybreak: Europe.”

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