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Topic History of: Tax - Multinationals
Max. showing the last 5 posts - (Last post first)
Author Message
Gael Vella Measures passed today by G7. Tech giants will now be forced to pay tax in the countries where they do business. Thus eradicating tax avoidance, and helping to reduce increased National Debts - caused by coranovirus factors.
Gael Vella The shifting of profits into low taxation jurisdictions (like Ireland) is soon to end - if current G7 proposals are adopted.

Amazon, Google, Facebook etc. - will pay tax on sales instead of profit - with a recommended global tax rate of 15%.

Biden inspired legislation and not before time, for the loopholes to be filled - creating a level playing field for all international traders.
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