Global Tax Proposal Widens Net Beyond Tech Giants - News Summed Up

Global Tax Proposal Widens Net Beyond Tech Giants


The search for a new agreement on how countries should tax multinational corporations advanced Wednesday, as international negotiators presented a way of rewriting the rules that they expect finance ministers from the Group of 20 leading economies will support. The proposal comes as tensions between the U.S. and other governments rise following the introduction or announcement of a series of special taxes on digital services that mostly fall on large U.S. technology companies. It appears likely to win the support of the U.S....


Source: Wall Street Journal October 09, 2019 09:03 UTC



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