1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

G7: Rich nations back deal to tax multinationals

Discussion in 'The Lounge' started by dangie, Jun 5, 2021.

  1. dangie

    dangie Senior Knobhead

    The G7 group of advanced economies has reached a "historic" deal on taxing multinational companies.

    Finance ministers meeting in London agreed to battle tax avoidance through measures to make companies pay in the countries where they do business.

    Yes well, best of luck with this one. The large multinational companies probably employ better lawyers & accountants than governments. You can only close a loophole after someone has found it, and someone will find it.

    https://www.bbc.co.uk/news/world-57368247
     
  2. Catriona

    Catriona Well-Known Member

    Even if/when they find a loophole, we will pay for it anyway.
     
  3. Andrew Flannigan

    Andrew Flannigan Well-Known Member

    I suspect that the ambassadors of certain small countries are waiting for the call from their nearest and dearest G7 member...
     
  4. GeoffR

    GeoffR Well-Known Member

    The fact of the deal is an admission that there is a problem. The first step to a cure ius to accept that you have a problem.
     
    WillieJ and SqueamishOssifrage like this.
  5. spinno

    spinno Well-Known Member

    My name is Amazon and I'm a greedy tax avoider...
     
  6. Catriona

    Catriona Well-Known Member

    I'm in Government/Parliament/The Lords and I'm a greedy non-tax payer.
     
    steveandthedogs and spinno like this.
  7. GeoffR

    GeoffR Well-Known Member

    Thank you for your admission of guilt, the invoice is in the post
     
  8. Learning

    Learning Ethelred the Ill-Named

    Ireland are a bit peeved about it.
     
    Gezza likes this.

Share This Page