Decision to impose global minimum tax rate on multinational was crucial, says US President Joe Biden as G7 summit concludes

US President Joe Biden speaks during a news conference after attending the G-7 summit.

US President Joe Biden speaks during a news conference after attending the G-7 summit. Source: AP Photo/Patrick Semansky

The G-7 summit in the UK has come to a close. On the concluding day of the summit, US President Joe Biden said that imposing a global minimum tax rate of 15 percent on multinational corporations was a crucial decision. Australian PM Scott Morrison said his visit as an observer to the summit was an important opportunity.


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