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G7 COUNTRIES AGREE TO SUPPORT A GLOBAL MINIMUM TAX
The emergence of the digital economy and new business models in our technology-enabled, borderless world have created a seismic disruption in the international tax framework. Typically, the profits of a Multinational Enterprise (MNE) will come under the tax net of a country if it has a Permanent Establishment (PE) in that country and the profits are directly attributable to that PE.
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