Germany urges global minimum tax for digital giants

Germany urges global minimum tax for digital giants

7 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-10-germany-urges-global-minimum-tax.html

Europe is trying to devise a strategy to tax profits from the likes of Google, Amazon, Facebook, Apple and digital platforms such as YouTube and Airbnb which currently manage to keep fiscal exposure to a bare minimum.

Digital platforms "aggravate a problem which we know well from globalisation and which we are trying to counter—the shifting of profits to fiscally beneficial regions," said Scholz.

Germany urges global minimum tax for digital giants

Oct 21, 2018, 11:13am UTC
https://phys.org/news/2018-10-germany-urges-global-minimum-tax.html > Europe is trying to devise a strategy to tax profits from the likes of Google, Amazon, Facebook, Apple and digital platforms such as YouTube and Airbnb which currently manage to keep fiscal exposure to a bare minimum. > Digital platforms "aggravate a problem which we know well from globalisation and which we are trying to counter—the shifting of profits to fiscally beneficial regions," said Scholz.