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Tech giants back Biden s plan to charge them more tax, but loopholes are the industry s ace in the hole -- Puppet Masters -- Sott net

The US has promised that Amazon and Facebook will fall under the new global tax rules agreed by the G7 nations. But even in countries with rock-bottom rates, megacorporations have paid effectively nothing for years. Finance ministers from the.

United statesPaschal donohoeJanet yellenUncle samJoe bidenOrganization for economicGroup of sevenEuropean commissionRepublicans in congressBiden amazonfacebookRegis duvignauEconomic co operationSecretary janet yellenSilicon valleyEmerald isleIrish finance minister paschal donohoe

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