by Alex Dunnagan | Oct 7, 2021
7th October 2021 US Government set to raise 3x more than rest of the world combined in tax payments from four tech companies after Global Tax Deal Raising Global Minimum Tax to 21% would see US Government raise an extra $2.5bn in tax from Apple alone Summary and...
by George Turner | Sep 27, 2021
In June 2021 the G7 announced that it had reached an agreement on proposals to change the way that the largest multinational companies are taxed. This included a mechanism to redistribute profits to countries where sales are made (such as the UK), often referred to as...
by George Turner | Sep 27, 2021
27th September 2021 Analysis shows that tech giants would pay less in taxation in market jurisdictions under G7 global tax deal than under current digital services taxes. Proposals put forward by the G24 group of nations ahead of next month’s crucial meeting of the...
by Alex Dunnagan | Jun 8, 2021
TaxWatch analysis shows that package agreed at the G7 would lead to a tax cut for tech companies subject to the Digital Services Tax On Saturday 5th June G7 finance ministers announced an agreement on changing the tax rules for global multinational companies. The deal...
by Alex Dunnagan | Apr 23, 2020
A consortium of financial services lobbyists has written to the European Commission calling for a delay to the implementation of anti-avoidance measures due to be rolled out on 01 July.1 As first reported in Law360,2 the letter – also sent to the OECD and to...