Thread: US President Joe Biden
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Old 04-06-2021, 09:53   #220
1andrew1
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Re: President Joe Biden’s first 100 days in office
Quote:
Sunak ‘confident’ of reaching tech tax agreement

Chancellor Rishi Sunak says he is "confident" of reaching a global agreement on digital taxation ahead of a meeting of world finance leaders.

Tax on big tech and multi-nationals has been a source of friction between the US and countries including the UK.

The US announced sanctions this week but immediately suspended them to give more time for talks.

Finance minsters will also discuss climate change at the two day meeting which starts in London on Friday.

Ahead of the G7 talks, starting in London on Friday, finance ministers from Germany, France, Italy and Spain co-signed a letter urging an agreement on an international tax system "fit for the 21st Century".
https://www.bbc.co.uk/news/business-57349803
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