G7 agrees to exclude US from corporate minimum tax

USA TODAY - For more and to sign up click here Miriam Waldvogel The Group of Seven (G7) said Saturday that it will allow American companies to be excluded from a global minimum tax imposed by other countries, creating instead a “side-by-side” agreement where regular American tax rules would apply. In 2021, nearly 140 countries agreed to tax multinational companies at a minimum rate of 15 percent, regardless of…