UK's Sunak says tax reforms agreement opens way to fairer system

LONDON - British finance minister Rishi Sunak hailed on Friday the global community's cooperation after tax reforms were agreed by 136 countries, saying there was now "a clear path to a fairer tax system".

"I am proud that the UK has taken a leading role in the world’s efforts to upgrade the global tax system for the modern age -- a key priority of our G7 presidency," Sunak said in a statement.

"We now have a clear path to a fairer tax system, where large global players pay their fair share wherever they do business."