Jul.02 -- The world has taken a big step toward sweeping changes to global taxation as 130 countries endorsed setting a minimum rate for corporations along with rules to share the spoils from multinational firms like Facebook and Google. It sets the stage for Group of 20 finance ministers to sign off on an agreement next week while final deal is expected to be reached by end of October and implementation to begin in 2023. Bloomberg's Maria Tadeo covers this from Madrid, Spain on "Bloomberg Markets: European Open."
