Google and Facebook welcome ‘historic’ deal to stop big tech tax avoidance

Google and Facebook welcome ‘historic’ deal to stop big tech tax avoidance

Google and Facebook have welcomed a G7 deal on tackling corporate tax avoidance by big tech companies.

"It's a proud moment," said Chancellor Rishi Sunak as G7 finance ministers committed to a global minimum tax of at least 15%.

Speaking after two days of talks in London, Mr Sunak said the deal "meant the right companies pay the right tax in the right places".