Google and Facebook support tax reform

06.06.2021. / 9:00

LONDON – Google and Facebook welcomed the work on the reform of international taxation rules, following the agreement of the Group of Seven countries / G7 / on global taxation.

Photo: Wikimedia Commons

The G7 finance ministers agreed yesterday in London to commit to a global minimum tax of at least 15 percent for each country individually.

“We strongly support the work on upgrading international tax rules. We hope that the countries will continue to work together with the aim of reaching a balanced and lasting agreement soon. ” said Google spokesman Jose Castaneda.

Facebook Director for Global Affairs Nick Clegg said that the company welcomes the progress made by the members of the Group of Seven / G7 / regarding the global minimum taxation.

He said that “Facebook” accepts that the reached agreement on taxation means that the social network will probably have to pay higher taxes in different places as well.

“Facebook has long called for reform of global tax rules and we welcome the significant progress made at the G7 meeting. This agreement is a significant step towards business security and strengthening public confidence in the global taxation system. ” wrote Clegg on Twitter.

Clegg stressed that Facebook wants the international tax reform process to be successful. Roe deer


Source: Capital.ba – Informacija je capital by www.capital.ba.

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