G-7 Tax Deal 'In Sight': France, Germany, Italy, Spain

LONDON - A G-7 deal on a minimum corporate tax rate is "within sight," finance ministers from France, Germany, Italy and Spain said Friday before a meeting of the world's richest nations.

"We have a chance to get multinational businesses to pay their fair share," France's Bruno Le Maire, Germany's Olaf Scholz, Italy's Daniele Franco and Spain's Nadia Calvino said in The Guardian newspaper. British finance minister Rishi Sunak starts a two-day meeting on Friday with counterparts from Canada, France, Germany, Italy, Japan and the United States, before a leader summit next week including U.S. President Joe Biden. The spotlight is on ambitious plans for a minimum level of corporate tax, as global powers seek to make multinationals pay their way.