Global leaders gathered at the G7 summit in Cornwall, UK, to discuss a wide range of economic issues, including the global minimum tax rate. The G7 reached a landmark agreement to implement a minimum corporate tax rate of at least 15% to prevent multinational companies from exploiting tax loopholes and shifting profits to low-tax jurisdictions. The deal is aimed at creating a more level playing field for businesses and generating more tax revenue to fund essential public services. However, some challenges remain in getting all countries on board with the agreement and ensuring its effective implementation.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
