Campaigners slam G7 tax rules as ‘setting bar too low’

Campaigners slam G7 tax rules as ‘setting bar too low’ — — -Brussels (Brussels Morning) Finance ministers of the Group of Seven richest economies reached a deal to reform the global tax system by reducing incentives for multinational companies to shift their profits from countries where they make most of their revenues to tax haven countries.

The deal comes after a two-day summit hosted by the UK Chancellor of the Exchequer, Rishi Sunak, which was held in an ornate mansion near Buckingham Palace in central London.