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After the United States agreed to accept a minimum rate of at
least 15%, France, Germany and Italy said the new proposal was a
good basis for sealing an international deal by July.
Britain said it welcomed the United States' commitment to
finding a solution, but did not comment specifically on the U.S.
proposal.
A G7 deal could be agreed as early as Friday after progress was
made among top officials in recent days, the FT said.
"The world is closer than ever before to a global minimum tax,"
U.S. National Security Adviser Jake Sullivan said on May 22.
"Great to hear the positive reception to our proposal," he said
on Twitter. "This is what it looks like to lead the world to end
the race to the bottom."
Nearly 140 countries aim to reach broad agreement this summer to
rework rules for taxing multinational groups and big technology
companies, such as Alphabet Inc and Facebook Inc.
Asked if Britain would fall into line with the United States and
accept a 15% minimum tax rate, a spokesman for Prime Minister
Boris Johnson said:
"Reaching an international agreement on how large digital
companies are taxed is a priority, and we welcome the U.S.'s
renewed commitment to reaching a solution."
"It's crucial that any agreement ensures digital businesses pay
tax in the UK that reflects their economic activities," he
added.
(Reporting by Guy Faulconbridge, Elizabeth Piper and William
James; Editing by Ed Osmond and Chizu Nomiyama)
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