What is behind the latest G20 tax deal?

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It's the biggest shake up of the international tax system in decades - that could see tax havens shut down - set a minimum international corporate tax rate and ensure that global businesses pay more taxes.

130 countries signed ​on to a breakthrough blueprint outline of adeal ​early this month.

All the G20 finance ministers meeting in Venice this weekend support the deal...​including representatives fromChina,​theUS, and EU nations.

What does this deal entail? CGTN's Toby Muse reports.