Tag: Google
UK clamps down on tax avoidance
(CNS Business): The British government has published draft legislation for a new Diverted Profits Tax (DPT), dubbed the “Google taxâ€, by which it intends to sidestep Britain’s existing tax treaties with low-tax jurisdictions by levying a charge that would fall outside the corporate tax system. The government hopes to raise £1.4 billion over the next five years […]
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