loganspace.com
[NEWS #Alert] France’s digital tax riles the White House! - #Loganspace AI
IT CAN be horribly difficult to tax tech giants’ profits. They stash their intangible capital, such as intellectual property, in tax havens, booking only low profits elsewhere. There were screaming headlines in 2018 when it was uncovered that Amazon’s British subsidiary paid £1.7m ($2.2m) in corporate tax despite revenues of $11.4bn. Rich countries have haggled…
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