Taxation

Platform News: European Union flags

After US push, EU pauses tax plan, but Ireland sticks to its guns

The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the Biden-Harris administration and in a bid to facilitate a broader global tax dea...

Platform Industry News: Amazon

G7 countries seem to be devising a way to catch Amazon in tax net

G7 states have found a way to include Amazon, one of the world’s biggest companies, on a list of 100 set to face higher taxes in the countries where they do business by targe...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Big tech supports global tax, but wants digital services levies axed

Tech giants could benefit from the agreement of the Group of Seven rich countries’ agreement to create a global minimum 15% corporate tax rate if the final deal also scraps i...

Platform News: Facebook meeting

Facebook says it could pay more tax after G7 deal

Facebook welcomes the progress made by the Group of Seven on a minimum tax rate and accepts this could mean the social network pays more tax, and in different places, its head of g...

Platform Industry: Amazon corporate logo on a wall

Amazon wins $303 million court fight in blow to EU tax crusade

Amazon won its fight against an EU order to pay about 250 million euros (approximately $303 million) in back taxes to Luxembourg in a blow to competition chief Margrethe Vestager&#...

Platform News: Bitcoin and the rise of cryptocurrencies

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans

Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that President Biden plans to raise capital gains taxes will curb investments in digital assets.

Platform Economy: The technology sector in Paris, France

US suspends French tariffs over digital services tax

The United States has said it might hold off slapping tariffs on French cosmetics, handbags and other imports in retaliation for a digital services tax Washington says will damage ...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

USTR slams India, Italy, Turkey on digital taxes but holds off on tariffs

Digital services taxation adopted by India, Italy and Turkey discriminate against US businesses and therefore are inconsistent with international tax rules, the US Trade Representa...

Platform Industry News: Amazon

Ex-French minister sneers at Amazon executive’s justification of tax bill

An ex-French minister told the head of Amazon France he was “taking the piss” following the executive told a parliamentary committee that the business paid the French c...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

France orders tech giants to pay digital tax

France’s finance ministry has sent out notices to large tech companies liable for its own digital service tax to pay the levy as planned in December, the ministry has said.

Digital Tax US

Wanted: global digital tax push after pandemic, US vote stall talks

Negotiators from 140 countries will inquire Washington and its own G20 partners this week to reaffirm political support for global rules to tax digital giants following the coronav...

European Union

France wants the EU to continue with a digital tax if global efforts fail

The EU should push ahead with its own digital taxation in the first quarter of 2021 if wider efforts to find an international solution don’t bring a breakthrough this season,...

Platform Industry: Google News

Google says Denmark is reviewing its taxes there

National tax authorities have initiated a review of Google’s accounts in Denmark to determine whether the search giant has some outstanding tax obligation, the comany has sai...

Platform Economy: The technology sector in Paris, France

Facebook to pay $118 million in French back taxes

Facebook’s French subsidiary has agreed to pay more than 100 million euros (approximately $118 million) in back taxes, including a penalty, after a ten-year audit of its acco...

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