Description
Added on the 05/10/2021 18:47:24 - Copyright : Euronews EN
From 2023, multinational corporations will have to pay taxes in countries where they operate - not just where they have their headquarters.
Finance Ministers meet central bankers at the G20 in Venice with a view to stopping multinational companies from shifting profits into low-tax havens.
"We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," says US Treasury Secretary Janet Yellen in remarks to the Chicago Council of Global Affairs think tank. SOUNDBITE
Now it''s Amazon and Apple in the crosshairs of Brussels. The European Competition Commissioner playing tax collector, ordering Amazon to pay some 250 million euros to Luxembourg. Now the question, will the Luxembourgers take collection? We ask because in the same breath, the Commission''s announced it''s taking Ireland to the European Court of Justice for failing to recover up to 13 billion euros of tax from Apple.
Now it's Amazon and Apple in the crosshairs of Brussels. The European Competition Commissioner playing tax collector, ordering Amazon to pay some 250 million euros to Luxembourg. Now the question, will the Luxembourgers take collection? We ask because in the same breath, the Commission's announced it's taking Ireland to the European Court of Justice for failing to recover up to 13 billion euros of tax from Apple.
Thousands of traumatised Syrians leave the rebel enclave of Aleppo as the UN Security Council votes to deploy observers to the battered city to monitor the evacuations.
|
Support : Technical 
- Content 
- Editors 
