the companies that will end up paying more tax as a result of the global corporate tax deal on the agenda for the finance ministers of the countries which form the 620 meeting in venice this weekend, may lack representation, but they have had the money to fund a skilled lobbying operation to try to influence the shape of this reform. you may not feel much sympathy for them or indeed for caribbean tax havens, but should we be more concerned about the impact on the poorer nations? simon, explain to me exactly what this proposed deal is. there are two pillars to this. the first one is new rules to force companies to pay taxes on the sales and profits they generate in the countries in which they operate, even if they don t have physical operations there. this clearly targets the digital services companies, the googles of this world, who basically make enormous profits and sales in countries where they don t necessarily have a massive physical presence. that s part one. part two is a global
19 06 2021: Häuser auf Sand gebaut (Tageszeitung junge Welt)
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good to have you with me in the studio. welcome to isabel and jeffrey. lovely to see you again from distant parts. now, no taxation without representation the slogan of the american colonies after a sales tax imposed on them by the british parliament when they had no elected voice. the companies that will end up paying more tax as a result of the global corporate tax deal on the agenda for the finance ministers of the countries which form the g20 meeting in venice this weekend, may lack representation, but they have had the money to fund a skilled lobbying operation to try to influence the shape of this reform. you may not feel much sympathy for them or indeed for caribbean tax havens, but should we be more concerned about the impact on the poorer nations? simon, explain to me exactly what this proposed deal is. there are two pillars to this. the first one is new rules to force companies to pay taxes on the sales and profits they generate in the countries in which they operate, even