Korea forcing Google, Netflix to pay digital tax
Posted : 2021-06-01 16:47
Updated : 2021-06-01 17:54 Jobseekers listen to a career planning instructor at a small job fair at Google Campus in Seoul, Aug. 10, 2017. Korea Times file
By Lee Kyung-min
The Korean offices of Netflix and Google will have to pay higher corporate taxes, upon the agreement of over 130 participants in the OECD blueprints drawn up to tackle global tax challenges.
Apart from the two firms, global IT giants including Amazon, Facebook and Apple will be subject to the so-called Google tax, whereby large digital companies will have to pay a certain amount of corporate tax, the rate of which is yet to be determined.
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23 May 2021, 07:05 am
Google Play Store is currently suffering from a massive breach. Security experts and other researchers claimed that this new issue possibly affects around 100 million Android users.
(Photo : Photo by Carsten Koall/Getty Images)
In this photo illustration the app of Google Chrome is displayed on a smartphone on March 3, 2018 in Berlin, Germany. The left-wing organizers of the event cited Google s profit-oriented mass collection of personal data about people as well as the gentrification locals fear will accelerate should the Google Campus open.
They said that people s sensitive user data might have been exposed by various popular applications from the giant app provider. Because of this, security researchers suggested that Android users should uninstall the infected apps.