The G7 member countries have agreed to introduce a single tax for large companies.
Now the payment must be at least 15 percent of corporate profits.
This decision was made by the G7 states during an event in London.
This was reported by news agencies with reference to a statement by British Chancellor of the Exchequer Rishi Sunak.
According to the head of the British Ministry of Finance, the adopted agreement is a reflection of the “age of digitalization.”
Ursula von der Leyen also commented on the G7 decision.
The head of the European Commission noted that establishing a minimum tax would help establish “fair rules of the game” within economic processes.
It is noted that the innovation will affect companies whose profitability is at least 10 percent.
Every fifth dollar of profits exceeding this figure will be redistributed among the countries where the corporation sells its goods and services.
It is planned that the decision on a fixed single tax for large companies will be considered at the G20 level.
