No global digital tax by end-2020 would mean digital tax chaos - France
By Jan Strupczewski RIYADH (Reuters) - Failure to reach a global deal on where and how much to tax digital giants like Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday. Speaking to Reuters on the sidelines of a meeting of world financial leaders, Bruno Le Maire said the gathering had been very useful in establishing consensus on such global tax rules.
Feb 24, 2020
Let's come together to tax tech giants, say G20 officials eyeing $100 bln boost
By Michael Nienaber and Francesco Canepa RIYADH (Reuters) - Leading world economies must show unity in dealing with aggressive "tax optimisation" by global digital giants like Google, Amazon and Facebook, G20 officials said on Saturday. The Organisation for Economic Cooperation and Development (OECD) is developing global rules by to make digital companies pay tax where they do business, rather than where they register subsidiaries.
Feb 23, 2020
Big tech cos pull out of San Francisco conferences on coronavirus concerns
(Reuters) - Verizon Communications Inc has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday. RSA also said that AT&T Cybersecurity will not participate in the conference, taking the total number of companies that have pulled out to fourteen.
Feb 22, 2020
Shopify to join Facebook-led Libra currency group
(Reuters) - Canadian e-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook Inc led efforts to launch a global digital currency, Libra. "We will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere," Shopify said in a statement http://bit.ly/2PfrwKl. Several companies including Vodafone Group PLC , Paypal Holdings Inc and Mastercard Inc have exited the association in recent months
Feb 22, 2020
Tesla resumes tree cutting in Germany to build Gigafactory
FRANKFURT (Reuters) - Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation. "Tree clearance is proceeding in an orderly manner," Tesla said on Friday
Feb 22, 2020
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