Daily Point 2154 - Google Tax

 

The Banking Tutor

                                Daily Point 2154

Google Tax

 

A Google tax, also known as a diverted profits tax, refers to anti-tax-avoidance provisions that have been introduced in some countries. Several jurisdictions implemented the provision to stop companies from diverting profits or royalties to other jurisdictions that have lower or even zero tax rates.

Sekhar Pariti

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