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Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the...

Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday.

TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday. "Support for Ukraine, MDBs (multilateral development banks) reform and international taxation will be discussed at this meeting," Suzuki added. Separately, G20 under the chair India will discuss the global economy and health insurance, sustainable finance and infrastructure, global financial architecture, global tax reform and inclusive finance, he said.

Watson McLeish, Senior Vice President, Tax Policy at the U.S. Chamber of Commerce issued the following statement today regarding Canada’s opposition to the OECD/G20 Inclusive Framework’s recent agreement on digital services taxes:“The Chamber is disappointed by Canada’s decision to oppose the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting’s recent agreement to extend the moratorium on imposing digital services taxes (DSTs) on any company for another year. We urge the Government of Canada to make clear that they will not unilaterally act to impose...

Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday. The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States. "Support for Ukraine,…