our economics editor faisal islam reports. multinational companies, especially the big tech giants, have become more powerful than some governments, especially in their ability to pay minimal tax bills. today, the finance ministers of the seven leading economies, the g7, hit back with an historic deal brokered by the chancellor rishi sunak. i m delighted to announce that today after years of discussion, g7 finance ministers have reached a historic agreement to reform the global tax system, to make it fit for the global digital age but crucially to make sure it is fair, so that the right companies pay the right tax in the right places. they agreed to the principle of a global minimum corporation tax of at least 15%. as well as rules to make the largest companies with profits of more than 10% pay more tax in countries where sales are made, notjust where they declare their profits. the us had initially wanted a higher minimum rate of 21%. what do you say to those campaigners who
hello and welcome. i m lewis vaughan jones. it s being hailed as a historic agreement , that could see global governments make billions more in tax revenue. the deal made by the g7 group of leading economies could shake up the tax system for multinational companies like big tech giants. it could include a global minimum corporate tax rate of 15% to avoid countries undercutting each other. tech companies google and facebook have welcomed the move. our economics editor faisal islam reports. multinational companies, especially the big tech giants, have become more powerful than some governments especially in their ability to pay minimal tax bills. today, the finance ministers of the seven leading economies, the g7, hit back with an historic deal brokered by the chancellor, rishi sunak. i m delighted to announce that today, after years of discussion, g7 finance ministers have reached a historic agreement to reform the global tax system, to make it fit for the global digital ag
hello, welcome to the programme. it s being hailed as a historic agreement , that could see global governments make billions more in tax revenue. the deal, made by the g7 group of leading economies, could shake up the tax system for multinational companies like big tech giants. it could include a global minimum corporate tax rate of 15% to avoid countries undercutting each other. tech companies google and facebook have welcomed the move. our economics editor faisal islam reports. multinational companies, especially the big tech giants, have become more powerful than some governments especially in their ability to pay minimal tax bills. today, the finance ministers of the seven leading economies, the g7, hit back with an historic deal brokered by the chancellor, rishi sunak. i m delighted to announce that today, after years of discussion, g7 finance ministers have reached a historic agreement to reform the global tax system, to make it fit for the global digital age but cru
come. fatalities let s ta ke let s take you to gaza city and i want you to bring the shot back into my country has suffered hundreds of fatalities. us my country has suffered hundreds of fatalities. ,, ., , ., , fatalities. us has thrown its su ort fatalities. us has thrown its support behind fatalities. us has thrown its support behind israel- fatalities. us has thrown its support behind israel listen| toa us focus. i don t know if you can see to a us talking after that that but look at that massive pillow interview. of smoke. this is happening in the to a us talking after that interview. , ., ., , last few minutes, another israeli interview. the situation is fluid and very dangerous. defence for striking on the city. i interview. the situation is fluid and very dangerous. we - interview. the situation is fluid and very dangerous. we are i interview. the situation is fluid - and very dangerous. we are working have been hearing about the number hard as i know other cou
civilians inside gaza in homes and schools, hospitals and mosques. hamas behaves like isis. i repeat, hamas behaves like isis. i repeat, hamas behaves like isis, it is the same strategy, to maximise civilian casualties in gaza and israel and make you all forget the massacre of hundreds of israelis that started this war in the first place. we will not forget. hamas target israeli civilians, israel will target hamas and islamichhad terrorists wherever they will be in gaza. we will do whatever it takes to protect our people and restore security to israel. we are also looking to the north as well. with full readiness. and we are fully coordinated. the general has just finished a conversation and will keep talking in the next hours again. whoever taxes all over the middle east will face a decisive attack back. whoever attacks us. whoever attacks us. 0k, whoever attacks us. ok, i think that press whoever attacks us. ok, i think that press conference whoever attacks u