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UK says G7 finance ministers’ talks were productive

Jun 4, 2021

LONDON (Reuters) – Group of Seven (G7) finance ministers made progress in talks about reforming global corporate tax rules in London on Friday, Britain’s finance ministry said.

“The group held productive negotiations about reforming the global tax system and tackling the tax challenges that arise in a complex, digital global economy,” Britain’s Treasury said in a statement.

Sunak also urged fellow G7 finance ministers to require large companies to be more transparent about their environmental impact, as well as the need for measures to ensure the long-term sustainability of public finances.

(Reporting by David Milliken; editing by William James)