OECD plans aim to ensure firms are charged tax in countries where they generate profitsBig internet companies would be forced to pay more tax to countries where they sell products and services under proposals for a global shakeup of taxation rules to limit firms shifting profits to low-tax locations around the world.In an attempt to tackle challenges for countries from the rise of firms such as Facebook, Amazon and Google, the Organisation for Economic Cooperation and Development (OECD) launched plans to upgrade the international tax system for the 21st century. Continue reading…
Via: Global tax shakeup would force tech firms to pay more

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