PARIS, June 9 — The Group of Seven wealthy nations may have endorsed a plan to ensure the world’s biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape part of its provisions.
The landmark deal is supposed to help put an end to top multinationals shopping for countries with low corporate tax rates in which to book their profits instead of paying where they conduct their business.
By introducing a minimum tax rate of 15 per cent without exceptions proponents of the plan hope multinationals will have less incentive to go through complex efforts to shift where they pay taxes.
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There is a second “pillar” in the plan: countries would be…
