After years of grueling negotiations, the world’s wealthiest countries reached an agreement on how—and how much—to tax multinational corporations.
Now comes what could be a heavier lift: getting buy-in from the rest of the world.
Kate Barton, EY’s global vice chair for tax, joins this week’s episode of Talking Tax to sort through what the recent G-7 agreement means. She also touches on how getting approval from dozens of other countries—not to mention each of their respective legislatures—could be a more difficult task. Barton tells Bloomberg Tax’s Hamza Ali that the pact is indeed as big of a deal as it seems. Listen to the episode here.
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