The times, they are a-changin’ for minimum corporation tax rates

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The FT has just reported that:

As expected, the G7 also agreed [today] on the principle of a global minimum corporate tax rate to ensure that big multinationals did not divert their profits to tax havens or low-tax jurisdictions and deprive countries where they do their business of much-needed tax revenues.

This does not mean it will happen, but it's a big step forward. I wrote on this issue in 2016 when it was still very unusual to do so.

In fact, I first wrote about it in 2007 when tax justice campaigners begged me not to publish it, and I did not. It was just too radical, even for them, at the time.

The times, they are a-changin'.