The global minimum corporate tax rate of 15% proposed by the Group of Seven wealthy nations is just a signpost and it is too early to say whether agreement can be reached on that or any figure, Irish Finance Minister Paschal Donohoe said on Thursday.
The global minimum corporate tax rate of 15% proposed by the Group of Seven wealthy nations is just a signpost and it is too early to say whether agreement can be reached on that or any figure, Irish Finance Minister Paschal Donohoe said on Thursday.
British finance minister Rishi Sunak is pushing for financial services firms to be exempt from a new global tax system which was agreed last week by the Group of Seven (G7) economies, sources familiar with the negotiations said.
By Reuters Staff
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BERLIN, June 2 (Reuters) - Germany is monitoring a recent rise in inflation closely but the government shares the assessment of central banks that the jump in consumer prices is largely driven by temporary factors, Finance Minister Olaf Scholz told Reuters on Wednesday.
Asked if the jump in inflation and the European Central Bank’s ultra-loose monetary policy could become a problem for Germany, Scholz said: “We’re always looking closely at this. But so far, there is much to suggest that the assessment of the central banks is correct.” (Reporting by Michael Nienaber Editing by Madeline Chambers)