What is Facebook tax Case in USA? |Global minimum corporate tax for Multi national companies |

Dr Devendra Dhawan
upsc Economy
upsc ias
economy in hindi
rpsc ras
ras economy
ras ECONOMY in hindi
Google and Facebook have welcomed a G7 deal on tackling corporate tax avoidance by big tech companies.
The agreement will see a global minimum corporate tax of at least 15% - lower than a floor of 21% mooted by President Biden - and changes to which countries will benefit.
The changes would ensure major corporations, especially those with a strong online presence, will pay taxes in the countries where they operate and not only where they have headquarters.
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