LONDON: Shares in US technology giants were down slightly in premarket trading after the world’s richest nations agreed on a landmark global minimum corporate tax deal.
The Group of Seven (G7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15 percent.
Shares of Facebook, Amazon.com, Apple , Microsoft and Google-parent Alphabet were all down between 0.3 percent and 0.6 percent.
The G7’s proposals are seen targeting technology companies that sell services remotely and attribute much of their profits to intellectual properly held in low-tax jurisdictions.
