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A uniform corporate tax that spans different countries is coming closer to reality, according to a new report from the Financial Times.
Per the report, the Group of 7 countries could reach their own agreement by as soon as Friday. While the G7 does not have formal power over the final agreement, which will be hashed out by the OECD, its countries will represent an important entity in ongoing negotiations. According to the FT, the Biden administration was “pushing hard” for a G7 agreement in an attempt to bolster OECD talks and come to a details ⇒
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