I think this is long overdue, and I'm glad they recognize the challenge of smaller nations offering lower tax rates in order to "seduce" companies to do busines

I think this is long overdue, and I'm glad they recognize the challenge of smaller nations offering lower tax rates in order to "seduce" companies to do business there. For me, that is the insidious problem where if BigCorp paid 5% in taxes in a country with a GDP of a few hundred million $ they would provide all the tax revenue for all the services that country could need. This "it's a good deal for both sides" situation has made progress here difficult, and it will make getting this through the G20 hard as well. I would imagine that in the ideal situation a government would tax some percentage of GDP which would spread the tax burden across the economy evenly, but making that work seems impossible.