Friday, 24 March, 2023

A global digital tax agreement may not be ready until early 2024

<p>According to France&#39;s finance minister, a global digital tax agreement may not be ready until the end of 2023 or early 2024. The agreement&#39;s goal is to reallocate rights in order to tax large digital corporations such as Apple and Google. It is the first of two pillars of a major overhaul of cross-border tax rules that includes plans for a 15 % global minimum corporate tax on large multinational corporations.</p>