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BBCNEWS BBC News June 5, 2021 19:04:00 - Vimarsana News

BBCNEWS BBC News June 5, 2021 19:04:00

In place in ireland that deliver a competitive approach for ireland and allow us to grow and retain employment. google and amazon have said they support the work being done to reform tax rules. so has facebook, which acknowledged it could end up paying more as a result. how transformative today's historic agreement will be depends on getting other nations on board and implementing reforms could take years. katy austin, bbc news. 0ur economics editor faisal islam said it's fair to call this an �*historic agreement�*. i think it is fair to say that, difficult to do these sorts of deals on ta...

BBCNEWS BBC News June 5, 2021 15:02:00 - Vimarsana News

BBCNEWS BBC News June 5, 2021 15:02:00

Welcomed the agreement. the former deputy prime minister and now facebook�*s vice president of global affairs, nick clegg, said the social media giant had called for reform of global tax rules, and wanted the process to succeed even if it meant the company paid more tax. our business correspondent katy austin reports. how much tax should multinational companies, particularly tech giants, pay, and where should they pay it? those were the questions at the heart of these discussions between g7 finance ministers. today a consensus to back a global minimum rate of at least 15%. i am delighted to ...

BBCNEWS BBC News June 5, 2021 20:04:00 - Vimarsana News

BBCNEWS BBC News June 5, 2021 20:04:00

And retain employment. google and amazon have said they support the work being done to reform tax rules. so has facebook, which acknowledged it could end up paying more as a result. how transformative today's historic agreement will be depends on getting other nations on board and implementing reforms could take years. katy austin, bbc news. the former director—general of the world trade organisation — pascal lamy — who's currently president of the paris peace forum — gave us his view on the deal. i take it as a very important agreement. not that every detail is sorted out. there will ...

BBCNEWS BBC News June 5, 2021 21:05:00 - Vimarsana News

BBCNEWS BBC News June 5, 2021 21:05:00

I'm sure that the decision that has been made today will be very successful. this is a train that has already started and anyone willjoin the train. ireland's rate of corporation tax is 12.5%. isn't this notjust about a corporate tax rate but the end of a low tax business model for your country? we will, even with an acknowledgement of the change that is coming, continue to have the kind of legitimate policies in place in ireland that deliver a competitive approach for ireland and allow us to grow and retain employment. google and amazon have said they support the work being done to reform tax...

BBCNEWS BBC News June 5, 2021 15:06:00 - Vimarsana News

BBCNEWS BBC News June 5, 2021 15:06:00

For example, the uk. what about any immediate reaction from any of the big tech companies? well, we'd actually heard from facebook last night, which says it supports reform to the rules. i have also just seen statements from google. google said the company strongly supports the work being done to update international tax rules. they say they hope countries can finalise what they describe as a balanced and durable agreement soon. amazon has also reacted this afternoon, saying they hope to see discussions continue to advance with the broader g20, as i've mentioned, and what they say would be an ...