Google says supports work to update international tax rules

Google says supports work to update international tax rules
Reuters
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Google said on Saturday that it supports the work being done to update international tax rules after G7 finance ministers agreed to pursue a global minimum corporate tax of at least 15% and to reallocate taxing rights for large, profitable multinational companies.

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FILE - In this March 23, 2010, file photo, the Google logo is seen at the Google headquarters in Brussels. (AP Photo/Virginia Mayo, File)
Google said on Saturday that it supports the work being done to update international tax rules after G7 finance ministers agreed to pursue a global minimum corporate tax of at least 15% and to reallocate taxing rights for large, profitable multinational companies.

"We strongly support the work being done to update international tax rules. We hope countries continue to work together to ensure a balanced and durable agreement will be finalized soon," Google spokesman Jose Castaneda said in an emailed statement.

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