as the un warns that hundreds of thousands could starve we ll be speaking to a rights advocacy group calling for more international action we are live from coventry cathedral. a central point for today s opening events at lunch as coventry s year as uk city series of pop up events are moving through the city to avoid mass crowds due to coronavirus restrictions. hello and welcome if you re watching in the uk or around the world. finance ministers of the world s leading economies remain confident of striking an historic deal in london today on taxing tech giants. the agreement by the g7 group of finance ministers is set to include a global minimum rate of corporation tax. the base rate of 15% is seen as a starting point, but is lower than the minimum rate of 21% that had been proposed by president biden. the plans are also set to stop major multinational companies, include apple and microsoft, from paying little or no tax in countries where they make money. the uk chancello
hello and welcome if you re watching in the uk or around the world. watching in the uk finance ministers of the world s leading economies remain confident of striking an historic deal in london today on taxing tech giants. the agreement by the g7 group of finance ministers is set to include a global minimum rate of corporation tax. the base rate of 15% is seen as a starting point, but is lower than the minimum rate of 21% that had been proposed by president biden. the plans are also set to stop major multinational companies, include apple and microsoft from paying little or no tax in countries where they make money. the uk chancellor, rishi sunak said businesses should pay the right amount of tax in the right place. germany s finance minister olaf sholz said the deal if struck would change the world . it will be very effective, yes. many countries will have higher taxes, but it is helpful that they know that there is a basis. and it will be looked country by country. i
the devastating conflict in ethiopia as the un warns that hundreds of thousands could starve. are live inside coventry cathedral ruins for uk city of culture. street performers are moving through the city to avoid attracting large crowds due to coronavirus restrictions. hello and welcome if you re watching in the uk or around the world. finance ministers of the world s leading economies remain confident of striking an historic deal in london today on taxing tech giants. the agreement by the g7 group of finance ministers is set to include a global minimum rate of corporation tax. the base rate of 15% is seen as a starting point, but is lower than the minimum rate of 21% that had been proposed by president biden. the plans are also set to stop major multinational companies, include apple and microsoft from paying little or no tax in countries where they make money. the uk chancellor, rishi sunak said businesses should pay the right amount of tax in the right place. germany s
after a six month delay. good afternoon. the chancellor, rishi sunak, has announced what he called a historic agreement to reform the global tax system. the agreement by the g7 group of finance ministers is set to include a global minimum rate of corporation tax. the base rate of at least 15% is seen as a starting point but is lower than the minimum rate of 21% that had been proposed by president biden. the plans are also set to stop major multinational companies, including apple and microsoft, from paying little or no tax in countries where they make money. the uk chancellor, rishi sunak, said businesses should pay the right amount of tax in the right place. many of the tech giants have welcomed the agreement. the former deputy prime minister and now facebook s vice president of global affairs, nick clegg, said the social media giant had called for reform of global tax rules and wanted the process to succeed, even if it meant the company paid more tax. our business corresp
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