The Global Tax Agreement – A Friend or Foe for the Big 4?
Tom Spencer
OCTOBER 28, 2022
The first one seeks to implement a principle for taxation of corporate revenues based on location of sale rather than place of manufacturing. The effective tax rate paid by the Silicon Six in the US ( GAMMAN : Google, Apple, Microsoft, Meta, Amazon, and Netflix) amounted to less than half of the official US federal tax rate in 2019.
Let's personalize your content