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.