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G-7 Strikes Deal to Revamp Tax Rules for Biggest Firms

  • Ministers agree minimum corporate rate of ‘at least 15%’
  • Yellen says new rules would let others tax U.S. tech firms
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WATCH: The G-7 secured a landmark deal that could help countries collect more taxes from big companies. Tony Czuczka reports.(Source: Bloomberg)
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The Group of Seven rich nations secured a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on U.S. tech giants such as Amazon.com Inc. and Facebook Inc.