Facebook welcomes the progress made by the Group of Seven on a minimal tax fee and accepts this might imply the social community pays extra tax, and elsewhere, its head of world affairs Nick Clegg mentioned on Saturday.
“Fb has lengthy referred to as for reform of the worldwide tax guidelines and we welcome the essential progress made on the G7,” Clegg mentioned on Twitter. “Immediately’s settlement is a big first step in the direction of certainty for companies and strengthening public confidence within the world tax system.
“We would like the worldwide tax reform course of to succeed and acknowledge this might imply Fb paying extra tax, and elsewhere.”
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