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Which intergovernmental group has announced the minimum global tax on multinational companies?
A)
G 20
B)
G 7
C)
BRICS
D)
European Union

Correct Answer :   G 7


The Group of seven (G-7) advanced economies has recently made an announcement on taxing multinational companies. This would be the “Minimum global tax rate” and its lower floor limit has been fixed at 15%.
G7 is an intergovernmental organization comprising Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

Published On : July 17, 2021
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