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G7 makes a good start on tax reform

Often, MNCs are known to shift their tax liability by assigning a share of costs and profits to a subsidiary in a low-tax jurisdiction or by parking intangible assets such as intellectual property in subsidiaries in tax havens, so that royalties would accrue there.
Organisation For Economic Cooperation Economic Cooperation Minimum Tax Digital Giants Tax Reform ஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்பு

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Don't shackle digital giants - The Hindu BusinessLine

Don’t shackle digital giants They generate ‘network effects’ for the economy Globally, regulators have been expressing concerns regarding digital platforms. One concern is the size of these platforms, as they can influence the daily lives of people and may even harm consumers. In some cases, the allegation is that the platforms give undue preference to their own products and services — the so-called “self-preferencing” claim. What is missing in these criticisms is that each factor ...
Tamil Nadu Progressive Policy Institute University Of Florida Policy Institute App Annie Mobile App Evolution

Australia passes law making Facebook, Google pay for news - The Hindu BusinessLine

Australia passes law making Facebook, Google pay for news Bloomberg February 25 | Updated on February 25, 2021 × ‘The code is a significant microeconomic reform, one that has drawn the eyes of the world on the Australian parliament’ Australia’s parliament passed a world-first law to force digital giants such as Facebook Inc and Google pay local publishers for news content — a move that may unleash more global regulatory action to limit their power. The legislation was passed on Thursda...
United Kingdom Nick Clegg Scott Morrison Belinda Barnet Josh Frydenberg Mark Zuckerberg

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