Analysts point out that the new tax announced by rich countries for multinational companies is not enough

Analysts point out that the new tax announced by rich countries for multinational companies is not enough

attributed to him, Getty Images

Illustrative image,

Attendees of the G7 meeting took pictures at Lancaster House, London

Experts criticize the historic agreement announced by the richest countries yesterday (06/06) to make multinational corporations pay more taxes not making enough progress.

Economic ministers from the Group of Seven, a group comprising the United States, the United Kingdom, France, Germany, Canada, Italy and Japan, as well as the European Union, met in London and agreed to fight tax evasion and force multinationals to tax more in the countries where they do business.

Tech giants such as Google, Amazon, Apple and Facebook are likely to be hurt, but they appear to have welcomed the new rules.

Oxfam, an international organization fighting poverty, understands that a global corporate tax rate of 15%, as agreed, sets a value “too low” to make a real difference.

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