• Policy-makers and key international experts are gathering in Venice for the #G20 High-Level Tax Symposium to debate on how tax policy can contribute to addressing climate change and environmental challenges. Picture: Twitter/@g20org

    Global tax reform tops G20 meet in Venice

    The countries of the G20 have already signed up to a framework for reform agreed on 1 July among members of the Organisation for Economic Cooperation and Development, notably for a global minimum corporation tax rate of 15%.

  • Italy's Economy Minister, Daniele Franco speaks during a press conference following a Cabinet meeting on March 19, 2021 in Rome. Picture: Alberto Pizzoli / POOL / AFP

    Global tax reform plan goes to the G20

    On the face of it, the Group of 20 -- the world's 19 biggest economies plus the European Union -- have already backed the framework for global tax reform, agreed on July 1 among members of the OECD alongside China and India.

  • Picture: oecd.org

    Global tax deal backed by 130 nations

    The new tax regime will add some $150 billion to government coffers globally once it comes into force, which the OECD said it hoped would be in 2023.

  • Picture: 123rf.com

    Global tax still far from becoming reality

    After the accolades, an agreement among the world's wealthiest countries to set a global minimum tax on the biggest companies now faces a long, bumpy road to implementation.