Europe’s biggest economies ramp up pressure for deal to curb corporate tax abuse

7th Jun, 2021

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Chancellor of the Exchequer Rishi Sunak (centre) welcomes G7 finance ministers at a meeting in London. Photograph: Andy Rain/EPA

The EU’s four biggest economies have raised the pressure for a landmark agreement to curb tax abuse by multinational companies to be reached at G7 meetings in London on Friday. Sending a united message in a letter in the Guardian, the finance ministers of France, Germany, Italy and Spain said a critical moment had been reached to strike a blow against tax avoidance as governments around the world attempt to rebuild from the Covid-19 pandemic.

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