G7 okays deal to spare US and UK companies from higher taxes

G7 okays deal to spare US and UK companies from higher taxes

G7 has created a “side-by-side” system in response to the US administration agreeing to scrap the Section 899 retaliatory tax proposal from President Donald Trump’s tax and spending bill,

A man walk past the G7 members flags at the Manoir Richelieu before the G7 Foreign Ministers summit in La Malbaie, Quebec, Canada March 12, 2025. Source: Reuters