G7 Summit could drive tax reforms

It is being suggested that the G7 Summit taking place in Carbis Bay, Cornwall could see agreement on tax reforms which would insist that global tech businesses pay all taxes due in the countries where they generate revenues from customers. This would bring an end to the use of tax havens for the consolidation of revenues and to the dubious, though currently legal, avoidance of £billions of tax liabilities around the world.

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