The U.S. Department of the Treasury has published the G7 Finance Ministers and Central Bank Governors Communiqué following their meeting held 4 to 5 June 2021. With respect to taxation, the key point of the meeting is the agreement reached on the introduction of rules for a global minimum tax and the allocation of taxing rights to market countries, which is addressed as follows in the communiqué: Shaping a Safe and Prosperous Future for All 16. We strongly support the efforts underway through the G20/OECD Inclusive Framework to address the tax challenges arising from globalisation and the digitalisation of the...