Devil in detail over historic G7 tax deal impact on offshore centres

clock • 5 min read
Devil in detail over historic G7 tax deal impact on offshore centres

Many of the international financial centres around the world with low tax regimes are reacting with caution to the historic G7 tax deal which agreed a global corporation tax of at least 15% at the weekend. Guernsey Government deputy Gavin St Pier said: "The devil, as it always is in tax, will be in the detail. It's aimed at this stage principally at large multinationals so it's difficult to know whether it's the end or just the beginning of the end for the zero-10 corporate regime we've ha...

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