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Siko 2020 in Munich: Facebook boss Mark Zuckerberg makes a tax admission

2020-02-15T10:47:41.601Z

Facebook boss Mark Zuckerberg is also coming to the Munich Security Conference 2020 on Saturday. And he shows himself ready to compromise when it comes to taxes.



Facebook boss Mark Zuckerberg is also coming to the Munich Security Conference 2020 on Saturday. And he shows himself ready to compromise when it comes to taxes.

  • Facebook founder Mark Zuckerberg is a prominent speaker at the Munich Security Conference .
  • Even before his appearance on Saturday, he showed himself willing to compromise on tax payments .
  • You can read all current developments at Munich Siko * in our news ticker.

Munich - Facebook founder Mark Zuckerberg speaks on Saturday at this year's Munich Security Conference. Part of his planned speech was announced in advance. As a result, Zuckerberg is open to a reform of the global tax system , in which technology companies are asked to pay more. The online network supports the reform plans of the industrialized nations organization OECD , emerges from the previously announced speech.

Siko 2020 in Munich: Facebook boss Zuckerberg signals approval of tax reform plans in advance

" We accept that this could mean a new set of rules, that we will pay more taxes in the future , and in different countries," continues Zuckerberg's speech. Facebook understood that there was frustration in Europe over the taxation of tech companies.

In Europe, France in particular is seen as the driving force behind the new taxation of online businesses. Paris introduced a national digital tax in 2019, which mainly affects large U.S. corporations like Google or Facebook. The United States subsequently threatened punitive tariffs, and France plans to suspend any prepayments due on the national tax by the end of the year. Among other things, the OECD's reform plans aim to ensure that internationally active digital companies pay more taxes in the countries in which the sales are generated.

Siko in Munich is not Zuckerberg's only weekend appointment - it also goes to Brussels

Zuckerberg * travels to Brussels on the weekend after visiting Munich. Facebook has been repeatedly criticized in Europe over the past few months for dealing with hate contributions and political advertising and because the business model is aimed at user data.

Nancy Pelosi, the front woman of the US Democrats, also spoke at the security conference - she railed above all against the Chinese technology giant Huawei regarding the new 5G mobile communications standard.

By the way: Because of the security conference, there will be extensive closures in Munich's inner city area at the weekend *. Read more at Merkur.de *.

* Merkur.de is part of the nationwide Ippen Digital editors network.

Source: merkur

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