Description

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…

Scope

Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2025-06-28
adopted

On 28 June 2025, the G7 countries announced an agreement supporting a side-by-side system under the…