The finance ministers of the G7 countries on Saturday, June 5, reached an agreement on the future minimum tax for large corporations at a level of at least 15 percent.

Reported by DW.

" ) we commit to apply a global minimum tax of at least 15 percent for each country, "

British Treasury Secretary Rishi Sunak, who led the two-day talks, said the G7 had agreed to create a global tax system that would be " He stressed the importance of ensuring its fairness, namely: that "

This move aims to ensure that multinational corporations - especially tech giants - do not have the opportunity in the future to make large profits in some countries and pay low taxes on them in others..

The adoption of this global tax change was initiated by the administration of US President Joe Biden. Thus, the United States wants to limit the ability of multinational corporations to use the advantages of tax systems to increase their revenues, especially during the coronavirus pandemic, which weakened economies around the world..

German Finance Minister Olaf Scholz called the decision "

At the same time, French Finance Minister Bruno Le Maire said that 15 percent is " According to him, France wants "

At the same time, representatives of Ireland expressed " Ireland's low 12.5 percent tax rate has prompted many companies, including tech giants such as Facebook and Google, to make Ireland the headquarters for their European operations..

The G7 hopes to reach a final agreement on the introduction of this tax at the July meeting of the G20 finance ministers in Venice.