G7 Finance Ministers and Central Bank Governors Welcome Global Minimum Tax Side-by-Side Package and Note Importance of its Implementation

The European Council has published the G7 Finance Ministers' and Central Bank Governors' communiqué following their meeting held on 18 May 2026. Regarding international taxation, the communiqué includes the following:

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International Taxation

13. We welcome the OECD/G20 Inclusive Framework's (IF) Global Minimum Tax Side-by-Side Package and note the importance of its implementation in reinforcing our shared commitment to secure certainty and stability, promote growth, ensure a level pl…