BBCNEWS BBC News June 4, 2024 20:23:00
About big technology companies using the internet so that they can make a lot of money by relationships with consumers in countries where they have no physical presence at all. and the way in which this agreement is intended to address that is by taking a certain level of profit above what you might call a basic level and then allocating part of that additional profit on the basis of where the consumers are so that the government's in those countries are the consumers are can impose their taxes on that element of the profit the companies are earning. it's notjust about big tech, but it was ver...