G7: G7 Agreement on Global Minimum Tax
Progress
Current status
adopted
28 Jun 2025 adopted
Scope
Implementers
Canada
France
Germany
Italy
Japan
United Kingdom
United States of America
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
bi- or plurilateral agreement
Timeline of events
G7 countries adopted agreement on global minimum tax
On 28 June 2025, the G7 countries announced an agreement supporting a side-by-side system under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting Pillar 2. The agreement would exempt US-parented multinational groups from the Incom…
SourceEvent type
declaration
Action type
adoption
Government branch
executive
Government body
central government