BRUSSELS (Reuters) – Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
FILE PHOTO: File photo: The Google logo is seen at an event in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo
Finance ministers and central bank governors of the world’s 20 biggest economies (G20) meet on Feb. 22-23 in Riyadh to discuss, among other issues, the work of the Organisation for Economic Cooperation and Development (OECD) on the tax rules.
“We need to give the highest priority to finding global solutions to address the taxation of the digital economy and the remaining Base Erosion and Profit Shifting issues,” said a document outlining the stance of all European Union members of the G20, plus Britain, which left the EU last month.
“We look forward to ambitious, fair, effective, non-discriminatory and…
Source Reuters Tech News