US Secretary of Treasury: Global 15% tax rate is 'fair'

The G7 summit agreement to set a global tax rate of 15% for big digital companies incl Amazon, Google and Facebook would ensure "fairness", the US Secretary of the Treasury Janet Yellen has said at a press conference in London earlier today. Yellen added that the proposal, which is yet to be finalised, would help economies to thrive by creating level playing field for businesses around the world.

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