G-7 nations reach historic deal on global tax reform

CNBC2021-06-06

KEY POINTS Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15%, U.K. Finance Minister Rishi Sunak announced in a series of tweets. The reforms will affect the ...

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精彩评论

HuGang3166
2021-06-07
HuGang3166
Good for MNCs
robot1234
2021-06-07
robot1234
Besides tax rates, conducive environment is equally important
- PearlynCSY:
  This for sharing
- robot1234:
  tks for sharing
- PearlynCSY:
  Agree with your comment
WEEWIN
2021-06-06
WEEWIN
Gov need revenue too... esp so much was spent in stimulation package
- Alfred1007:
  time to take back some interest
- LING00:
  [微笑]
- Alvinwu:
  K
Tmkgi
2021-06-06
Tmkgi
Noice
- szueyann:
  👍👍👍
超群yibo
2021-06-06
超群yibo
Tax is the country main revenue, all want to increase the bottom line. Pro and con
mQ
2021-06-06
mQ
How will this affect the market?

发表看法

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Members of the G-7, which include Canada, France, Germany, Italy, Japan, the U.K. and the U.S., will convene for a summit in Cornwall, U.K., next week.\nAn agreement among this group would provide needed momentum for upcoming talks planned with 135 countries in Paris. Finance ministers from the Group of 20 are also expected to meet in Venice in July.\n“We commit to reaching an equitable solution on the allocation of taxing rights, with market countries awarded taxing rights on at least 20% of profit exceeding a 10% margin for the largest and most profitable multinational enterprises,”according to a statement from the G-7 finance ministers.\n“We will provide for appropriate coordination between the application of the new international tax rules and the removal of all Digital Services Taxes, and other relevant similar measures, on all companies,” it said.\nU.S. Treasury Secretary Janet Yellen, who is in London for the face-to-face meeting, hailed the move as significant and unprecedented.\n“That global minimum tax would end the race-to-the-bottom in corporate taxation, and ensure fairness for the middle class and working people in the U.S. and around the world,” she tweeted.\nPresident Joe Biden and his administration had initially suggested a minimum global tax rate of 21% in an attempt to prevent countries luring international businesses with low or zero taxes. However, after tough negotiations, a compromise was reached to set the bar at 15%.\nA global deal in this field would be good news for cash-strapped nations, who are trying to rebuild their economies after the coronavirus crisis.\nBut Biden’s idea had not been received with the same level of excitement across the world. The U.K., for example, did not immediately voice its support for the proposal.\nThe issue can be contentious within the European Union as well, where various member states charge different corporate tax rates and can attract big-name firms by doing so. Ireland’s tax rate, for example, is 12.5%, while France’s can be as high as 31%.\nSpeaking in April, Irish Finance Minister Paschal Donohoe said smaller nations should be allowed to have lower tax rates given that they don’t have the same capacity for scale as the larger economies do, the U.K.’s Guardian newspaper reported.\nThe world’s most powerful economies have been at odds over taxation for some time, in particular in the wake of plans to tax digital giants more.\nThe U.S., under former President Donald Trump, vehemently opposed digital tax initiatives in different countries and threatened to impose trade tariffs against countries that would plan on taxing U.S. tech companies.\nSome major firms across the world reacted positively the agreement on Saturday. Nick Clegg, vice president of global affairs at Facebook, wrote in a tweet that the company welcomed the G-7 tax rule.\n“We want the international tax reform process to succeed and recognize this could mean Facebook paying more tax, and in different places,” Clegg wrote.\nGoogle spokesman Jose Castaneda told CNBC in a statement that the company supports efforts to update international tax rules. “We hope countries continue to work together to ensure a balanced and durable agreement will be finalized soon,” he said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":115536205,"gmtCreate":1623022073207,"gmtModify":1634096260860,"author":{"id":"3574671095836888","authorId":"3574671095836888","name":"HuGang3166","avatar":"https://static.tigerbbs.com/1eec1ffec53cf574f9f59bc64caabf88","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574671095836888","authorIdStr":"3574671095836888"},"htmlText":"Good for MNCs&nbsp;","listText":"Good for MNCs&nbsp;","text":"Good for MNCs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115536205","repostId":1130846818,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115597989,"gmtCreate":1623021798141,"gmtModify":1623021798141,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3561596430587504","authorIdStr":"3561596430587504"},"htmlText":"Besides tax rates,&nbsp;conducive environment is equally&nbsp;important","listText":"Besides tax rates,&nbsp;conducive environment is equally&nbsp;important","text":"Besides tax rates, conducive environment is equally important","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/115597989","repostId":1130846818,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5916585,"gmtCreate":1632004413924,"gmtModify":1634792906101,"authorId":4092458811577680,"author":{"id":4092458811577680,"idStr":"4092458811577680","authorId":4092458811577680,"name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115597989,"type":1,"supId":0,"prevId":0,"content":"This for sharing","text":"This for sharing","html":"This for 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comment"}],"langContent":"EN"},{"id":115363105,"gmtCreate":1622952108007,"gmtModify":1634096642184,"author":{"id":"3575796343019537","authorId":"3575796343019537","name":"WEEWIN","avatar":"https://static.tigerbbs.com/ee27d01b572fbf6a8fcda10a7ac0597f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575796343019537","authorIdStr":"3575796343019537"},"htmlText":"Gov need revenue too... esp so much was spent in stimulation package&nbsp;","listText":"Gov need revenue too... esp so much was spent in stimulation package&nbsp;","text":"Gov need revenue too... esp so much was spent in stimulation package","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/115363105","repostId":1130846818,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4604450,"gmtCreate":1622989905801,"gmtModify":1635334782626,"authorId":3570656625926041,"author":{"id":3570656625926041,"idStr":"3570656625926041","authorId":3570656625926041,"name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115363105,"type":1,"supId":0,"prevId":0,"content":"time to take back some <u>interest</u>","text":"time to take back some <u>interest</u>","html":"time to take back some <u>interest</u>"},{"id":4605077,"gmtCreate":1622995889643,"gmtModify":1635334720595,"authorId":3575587056961534,"author":{"id":3575587056961534,"idStr":"3575587056961534","authorId":3575587056961534,"name":"LING00","avatar":"https://static.tigerbbs.com/faaf1330724f7b0fdd33c5c5c036c2f5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115363105,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":4605379,"gmtCreate":1623006802786,"gmtModify":1635334691220,"authorId":3577748298116453,"author":{"id":3577748298116453,"idStr":"3577748298116453","authorId":3577748298116453,"name":"Alvinwu","avatar":"https://static.tigerbbs.com/933e5bef36fb7b59c386d71a110572f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115363105,"type":1,"supId":4605077,"prevId":0,"content":"K","text":"K","html":"K"}],"langContent":"EN"},{"id":115972587,"gmtCreate":1622948694349,"gmtModify":1634096690312,"author":{"id":"3573292195406873","authorId":"3573292195406873","name":"Tmkgi","avatar":"https://static.tigerbbs.com/6710c0ce0e8bbe50ae4c52e3a5e174ef","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573292195406873","authorIdStr":"3573292195406873"},"htmlText":"Noice","listText":"Noice","text":"Noice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/115972587","repostId":1130846818,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4615270,"gmtCreate":1623058001004,"gmtModify":1635333733074,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115972587,"type":1,"supId":0,"prevId":0,"content":"👍👍👍","text":"👍👍👍","html":"👍👍👍"}],"langContent":"EN"},{"id":115955132,"gmtCreate":1622947850826,"gmtModify":1634096708163,"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576231291459124","authorIdStr":"3576231291459124"},"htmlText":"Tax is the country&nbsp;main revenue, all want to increase the bottom line. Pro and con","listText":"Tax is the country&nbsp;main revenue, all want to increase the bottom line. Pro and con","text":"Tax is the country main revenue, all want to increase the bottom line. Pro and con","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115955132","repostId":1130846818,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115051780,"gmtCreate":1622942983740,"gmtModify":1634096796310,"author":{"id":"3575883708634905","authorId":"3575883708634905","name":"mQ","avatar":"https://static.tigerbbs.com/f15c6544cce801bf2702a439bc97d760","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575883708634905","authorIdStr":"3575883708634905"},"htmlText":"How will this affect the market?","listText":"How will this affect the market?","text":"How will this affect the market?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115051780","repostId":1130846818,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":70,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130846818"}