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    Internet Company

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    The G20 nations have agreed to develop common rules to tax large technology companies and prevent them from using tax havens. This aims to update international corporate tax rules for the digital age. However, the United States has expressed concerns that proposed digital taxes by France and the UK unfairly target American internet companies. At a G20 meeting, the U.S. Treasury Secretary said the U.S. has significant issues with the two proposed corporate taxes.

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    Internet Company

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    Anonymous zWiDq2T
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    The G20 nations have agreed to develop common rules to tax large technology companies and prevent them from using tax havens. This aims to update international corporate tax rules for the digital age. However, the United States has expressed concerns that proposed digital taxes by France and the UK unfairly target American internet companies. At a G20 meeting, the U.S. Treasury Secretary said the U.S. has significant issues with the two proposed corporate taxes.

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    The G20 nations have agreed to develop common rules to tax large technology companies and prevent them from using tax havens. This aims to update international corporate tax rules for the digital age. However, the United States has expressed concerns that proposed digital taxes by France and the UK unfairly target American internet companies. At a G20 meeting, the U.S. Treasury Secretary said the U.S. has significant issues with the two proposed corporate taxes.

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    3 views1 page

    Internet Company

    Uploaded by

    Anonymous zWiDq2T
    The G20 nations have agreed to develop common rules to tax large technology companies and prevent them from using tax havens. This aims to update international corporate tax rules for the digital age. However, the United States has expressed concerns that proposed digital taxes by France and the UK unfairly target American internet companies. At a G20 meeting, the U.S. Treasury Secretary said the U.S. has significant issues with the two proposed corporate taxes.

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    of 1

    G20 agrees to push ahead with digital tax

    G20 nations have agreed to push ahead on compiling common rules to


    lock tax havens' door for tech giants.
    Reuters|
    Updated: Jun 08, 2019, 07.41 PM IST
    This has put the two countries at loggerheads with the United States, which has expressed concern that U.S. Internet
    companies are being unfairly targeted in broad push to update the global corporate tax code.

    "The United States has significant concerns with the two corporate taxes proposed by France and the UK," U.S.
    Treasury Secretary Steven Mnuchin said on Saturday at a two-day meeting of G20 finance ministers in the southern
    Japan city of Fukuoka.

    "It sounds like we have a ..

    Read more at:


    //economictimes.indiatimes.com/articleshow/69702135.cms?utm_source=contentofinterest&utm_medium=text&utm_
    campaign=cppst

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