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USA/Global: Taxing the Tech Giants

Its not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. Today, for tax justice, is one of those days. The high level UN panel report launched today, by a group of heads of state and ministers from around the world, may come to be seen as a pivotal moment in the worlds fight against illicit finance and tax abuse. If their envisaged changes follow, the $427 billion that we conservatively estimate to be lost in tax revenue each year may finally be curbed. Nigerian activists lobby African Finance ministers meeting. Photo credit: ActionAid.

United statesRepublic ofSouth africaSierra leoneDavid archerWilliam minterAlex cobhamPublic services for actionaid internationalActionaid internationalWorld health organisationTax justice networkAlphabet incTech giantsFair tax markAfricafocus bulletinAfricafocus bulletins

USA/Global: Taxing the Tech Giants

USA/Global: Taxing the Tech Giants
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

United statesRepublic ofSouth africaSierra leoneDavid archerWilliam minterAlex cobhamPublic services for actionaid internationalActionaid internationalWorld health organisationTax justice networkAlphabet incTech giantsFair tax markAfricafocus bulletinAfricafocus bulletins

U K Takes Step That May Impact Tax Loophole Favored by Big Tech

U K Takes Step That May Impact Tax Loophole Favored by Big Tech
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Leo ringerPaul monaghanGeorge turnerEuropean unionAlphabet incApple incExchequer rishi sunakFair tax markSunak targets covidDouble taxation agreementsInside storyலியோ ஒலிப்பான்பால் மோனகன்ஜார்ஜ் டர்னர்ஐரோப்பிய தொழிற்சங்கம்எழுத்துக்கள் இன்க்

Rishi Sunak s super deduction could let Amazon wipe out its corporation tax bill, campaigners warn

The paltry amount Amazon pays in corporation tax could be wiped out by Rishi Sunak’s new ‘super deduction’, campaigners said yesterday. Amazon’s British sales soared 51 per cent to £19.4billion last year. Its warehousing arm, Amazon UK Services, paid £6.3million in tax in 2019 despite raking in £3billion in sales. But campaigners say the firm could eliminate its tax liability altogether. The super deduction lets firms slash tax bills by 25p for every £1 spent on new equipment. George Turner, of the campaign group TaxWatch, said it would be lucrative for firms such as Amazon whose sales surged in the pandemic.

United kingdomPaul monaghanGeorge turnerAmazon united kingdom servicesAmazon united kingdom services ltdRishi sunakFair tax markUk government news and updates on the british cabinetUk politicsUk economyஒன்றுபட்டது கிஂக்டம்பால் மோனகன்ஜார்ஜ் டர்னர்அமேசான் ஒன்றுபட்டது கிஂக்டம் சேவைகள்அமேசான் ஒன்றுபட்டது கிஂக்டம் சேவைகள் லிமிடெட்ரிஷி சுனக்

Solent Freeport scheme will be game changer for Southampton

RISHI Sunak has delivered a “game changing” boost Southampton by giving the go-ahead for a ‘freeport’ that could create 25,000 local jobs,…

United kingdomPaul holmesCllr barry rickmanBrian johnsonRoyston smithSolent freeportSteve szalayBarton willmoreRobin shepherdAlan whiteheadSolent local enterprise partnershipForest district councilSouthampton itchenSouthampton airportFair tax markஒன்றுபட்டது கிஂக்டம்