0
General

Developing nations face USD 2.8 billion in lost tax revenue from 'big tech' firms

Monday 26 October 2020 | 11:28 CET | News
New research from charity ActionAid International shows that 20 developing countries could be missing out on tax revenue of up to USD 2.8 billion from 'big tech' companies due to unfair global tax rules.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alphabet / Facebook / Google / Microsoft
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

'Ontwikkelingslanden lopen USD 2,8 miljard mis door belastingontwijking Big Tech'

Published 26 Oct 2020 14:20 CET | World
Nieuw onderzoek van het goede doel ActionAid International toont aan dat 20 ontwikkelingslanden mogelijk tot USD 2,8 miljard aan ...

US takes Google to court for abusing monopoly in search market

Published 20 Oct 2020 17:57 CET | United States
The US Department of Justice has filed its long-awaited competition case against Google, with the backing of public prosecutors ...

Amazon will not be impacted by UK digital services tax

Published 14 Oct 2020 11:39 CET | United Kingdom
Amazon will not be impacted by the UK's new digital services tax, but small traders selling through its online marketplace will ...

OECD pushes back deadline for new digital tax rules to mid-2021 as talks falter

Published 13 Oct 2020 08:54 CET | World
A new international agreement on taxing large internet companies has been delayed until mid-2021, the OECD announced. The ...

US Congressional report calls for antitrust action against tech giants

Published 07 Oct 2020 08:44 CET | United States
A report from a key committee in the US Congress has accused tech giants Apple, Amazon, Facebook and Google of exploiting their ...

US justice dept proposes law to reform social media content liability

Published 24 Sep 2020 09:18 CET | United States
The US Department of Justice has proposed legislation on behalf of the Trump administration to reform the legal immunity provided ...

Google passes on costs of UK digital services tax to advertisers

Published 02 Sep 2020 14:40 CET | United Kingdom
Google has confirmed plans to pass on the costs of the UK's new digital services tax to advertisers, reports The Telegraph....

UK govt denies reports it will drop Digital Sales Tax to secure US trade deal

Published 24 Aug 2020 11:25 CET | United Kingdom
The UK government has denied weekend press reports that it plans to drop the recently introduced Digital Sales Tax on technology ...