High-level talks for a global corporate-tax pact could disrupt the maritime industry just as it faces unprecedented upheaval in its effort to decarbonise, law firm Watson Farley & Williams (WFW) said in a note to clients.
According to press reports, finance ministers from the world’s seven biggest economies (G7) are expected to give initial approval to plans to introduce a minimum global corporate tax rate — possibly of about 15% — when they meet in London on 4 and 5 June.
