Sign up Thank you for subscribing We have more newsletters Show me See our privacy noticeKeir Starmer has slammed the UK Government for being the only G7 nation to block a 21% tax hike on corporations like Amazon, Google and Facebook. (Image: PA)The group will discuss measures to tackle climate change as well as efforts to secure an international agreement on how digital companies are taxed. The White House-backed proposal would make it less attractive for multinational companies such as Facebook, Amazon and Google to legally switch profits around different countries, including tax havens. Mr Starmer said any extra cash gleaned from a minimum rate of 21% could fund vital public services. (Image: Stuart Vance)Mr Starmer tweeted: "G7 finance ministers are meeting today to agree President Biden's global minimum corporate tax rate of 21%.

Source: Daily Mirror June 04, 2021 17:12 UTC