Tuesday, June 8, 2021

Amazon may prove exception to global tax rules

The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it. The landmark deal is supposed to help put an end to top multinationals shopping for countries with low corporate tax rates in which to book their profits instead of paying where they conduct their business.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3g38m89

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