Japan finance minister: Don’t expect specific tax rates to be debated at G7

Japan's Finance Minister Taro Aso said G7 is unlikely to debate specific figures on minimum tax rates at their weekend meeting. — Reuters pic

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TOKYO, June 1 — Finance leaders from the Group of Seven rich countries have narrowed their difference of opinions over global taxation but they are unlikely to debate specific figures on minimum tax rates at their weekend meeting, Finance Minister Taro Aso said.

Aso is planning on a bilateral meeting with US Treasury Secretary Janet Yellen on the sidelines of the June 4-5 G7 meeting in Britain, although the details weren’t finalised, he told reporters after a cabinet meeting. — Reuters

Source: Malay Mail