‘A really tough sell’: Multinationals shrug off G7 tax assault

a really tough sell multinationals shrug off g7 tax assault

Sumary of ‘A really tough sell’: Multinationals shrug off G7 tax assault:

  • Even if the plan goes ahead, the extra tax raised — estimated at about 4 per cent of current global corporate tax receipts — would be little more than a rounding error in most of the companies’ accounts..
  • Article content The second part of the plan — a tax based on where customers are located — is also unlikely to hurt the biggest digital companies as it would largely replace the digital services taxes already imposed on them in countries such as the U.K..
  • According to some experts, a tax rate floor might make some countries more confident they can raise their own rates higher than the minimum without risking an erosion of their national tax base….

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close