Live Q&A: What does the G7 tax deal mean for multinational companies?

SourceFinancial Times
CountryMiddle east

The G7 countries have reached a landmark agreement on corporate tax reform, agreeing to a minimum rate of tax for multinational companies.

The deal between the US, Japan, Germany, France, UK, Italy and Canada is aimed at stopping companies from shifting profits to low tax jurisdictions and ensuring the largest multinationals pay more tax where they operate.

But the amount of tax raised and which companies will be affected remains unclear.

Chris Giles, the FT’s economics editor and Emma Agyemang, our global tax correspondent, are answering questions on what the deal means, which companies are likely to be impacted and how it might succeed.

Post your queries in the comments below and Chris and Emma will drop in regularly throughout the day to answer them. more...