Japan’s Aso Sees Progress on Global Tax Agreements Next Week

Japanese Finance Minister Taro Aso, speaking to reporters after a conference call with G-7 peers, says tax wasn’t on the official agenda during Friday’s virtual meeting, but Japan stressed that collaboration was needed to get to deals on global tax rules.

• Says he sees final adjustments being made toward a deal at next week’s G-7 finance ministers’ meeting in London
• “Putting a stop to the race to the bottom on corporate tax will benefit every country in the Group of Seven nations,” Aso says. “We’ve come this far, I’d like us to get to the final stage”
• Issues such ...