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Apple faces higher taxes after G7 agree to global tax rate changes

samedi 5 juin 2021, 14:58 , par AppleInsider
The G7 group of nations has agreed to close tax loopholes that encouraged major multinationals like Apple to move their money across borders, with the core change being a global minimum corporation tax rate.Major economies have wrestled with the problem of properly taxing big companies, such as Apple and other tech giants, for quite a few years. In a bid to try and stop the shifting of funds to tax-efficient countries, the G7 has agreed to take away some of the benefit gained from the revenue movements.Agreed on Saturday, finance ministers from G7 economies pledged to enforce a minimum global corporation tax rate of at least 15%, reports Reuters. At the same time, measures will be put in place to make sure that taxes are appropriately paid in the countries where the firms operate. Read more...
https://appleinsider.com/articles/21/06/05/apple-may-pay-higher-taxes-after-g7-agree-to-global-tax-r...
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