G20 finance ministers meeting in Venice on Friday and Saturday could rally the world’s top economies behind a global plan to tax multinationals more fairly that has already been hashed out among 131 countries representing 90% of world output. On the face of it, the Group of 20 — the world’s 19 biggest economies plus the European Union — have already backed the framework for global tax reform, agreed on July 1 among members of the Organisation for Economic Co-operation and Development (OECD) alongside China and India. But negotiations continue behind the scenes to convince low-tax EU countries such as Estonia, Hungary and Ireland, who declined to sign up to the OECD deal to tax global compan
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