Corporate Tax

Optimistic a few international corporate tax of 15%

The British Chancellor of the Exchequer, Rishi Sunak, is positive about the US proposed agreement on global corporate income tax, but expects adequate taxes from large Internet companies in return. Everyone should understand why it is important to impose fair taxes on technology companies. “An agreement needs to be reached, so I urge the United States and all G7 members to meet next week to do just that,” said Sunak.

The politician told the Mail on Sunday newspaper on Saturday (local time) before the meeting of the Group of Seven Treasury Ministers on Saturday (local time) that it was the “right deal” for the UK and that companies like Facebook are looking to solve the problem . 4th and 5th June 5.

The United States has proposed a global corporate tax of 15%. Under the umbrella of the Organization of the Industrialized Countries (OECD), almost 140 countries are now pursuing a two-pillar tax reform, a worldwide minimum tax and a new form of taxation for digital services. The latter aims to adapt tax regulations to the digital age and to improve the position of emerging countries compared to industrialized countries.

Germany and France expect an agreement soon at the levels of the G7, G20 and the Organization for Economic Cooperation and Development. However, the UK is concerned that plans to tax US tech giants like Amazon, Google and Facebook don’t go far enough.

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