The G7 countries have reached a strong agreement on corporate tax reform, accepting a minimum tax rate for multinational companies.
The agreement between the United States, Japan, Germany, France, the United Kingdom, Italy and Canada aims to prevent companies from turning profits into low-tax jurisdictions and to ensure that and larger multinationals pay more taxes where they operate.
But the amount of tax collected and which companies will be affected remains unclear.
Chris Giles, editor of the FT economy and Emma Agyemang, our global tax correspondent, answered questions about what the deal means, which companies are likely to be affected and how it could succeed.
Post your questions in the comments below and Chris and Emma will be meeting regularly throughout the day to answer them.