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Biden's plan to tax multinational profits around the world

2021-04-08T19:25:31.200Z


Washington targets a hundred companies, including the Gafa. The proposal has been sent to 135 countries.


This is what relaunches international negotiations for fairer taxation of multinationals.

The United States has just sent 135 countries a new plan to overhaul global taxation which is in line with what has been under discussion for three years under the aegis of the OECD, the International Economic Development Organization.

The objective of this broad reform, pushed by France, is to better tax the digital sector - in the crosshairs, the powerful Gafa, Google, Amazon, Facebook and Apple - which pays little tax.

The project foreshadows a real revolution in corporate taxation, if it succeeds.

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Washington does not explicitly target digital but targets very large companies.

The proposal by

Janet Yellen

(US Secretary of the Treasury) would

allow more digital activity to be included than the current OECD project.

It is a positive point

, reacted favorably Thursday the Minister of the Economy Bruno Le Maire.

Above all, the Frenchman welcomes

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Source: lefigaro

All news articles on 2021-04-08

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