Decision to impose 15 per cent tax on technology companies like Google, Facebook, landmark agreement between G-7 countries

London: Multinational technology companies in the world’s seven richest countries have decided to impose higher taxes. The G7 group has signed a landmark global agreement to tax up to 15 percent on major American companies such as Google, Facebook, App and Amazon. There are seven countries in the G-7 group. Britain, the United States, Canada, France, Germany, Italy and Japan.

British Finance Minister Rishi Sunke said that the finance ministers of the G7 countries signed the agreement on the second and final day of their meetings in London. “I am delighted to have a historic agreement today to reform the global taxation system,” Sunke said. This will ensure that the right companies pay the right taxes at the right place. & Nbsp;

US Treasury Secretary Janet Yellen will also attend the London meeting. The agreement will speed up the process of reaching a global rate of 15 per cent, Yellen said. This will stop the reverse competition of tax cuts. Justice will be decided with the middle class and working people in America and other countries of the world. The G7 group has signed a landmark global agreement to tax up to 15 percent on major American companies such as Google, Facebook, App and Amazon. There are seven countries in the G-7 group. Britain, US, Canada, France, Germany, Italy and Japan.

Summit to be sealed & nbsp;
This meeting of finance ministers took place before the annual meeting of G-7 group leaders. Is. The agreement will be sealed at the G7 summit. The summit will be held in Cornwall from 11-13 June under the chairmanship of British Prime Minister Boris Johnson. Britain is hosting both meetings. The G7 is under pressure to make the vaccine available to low-income countries. The international debate on the tech issue began after US President Joe Biden endorsed the idea of ​​a global 15 percent tax rate. & Nbsp;

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