G-7 nations are close to reaching a historic global tax deal

CNBC: Finance ministers from the Group of Seven rich nations are meeting in person for the first time since the start of the Covid pandemic, after U.S. President Joe Biden’s administration gave fresh impetus to stalled global tax talks this year. Rich nations have struggled for years to agree a way to raise more tax from large multinationals such as Google, Amazon and Facebook, which often book profits in jurisdictions where they pay little or