G20 agrees to push ahead with digital tax – communique

US Secretary of Treasury Steven Mnuchin (R, on podium) delivers a speech during the G20 Ministerial Symposium on International Taxation in the G20 Finance Ministers and Central Bank Governors meeting in Fukuoka on June 8, 2019. Toshifumi Kitamura/Pool via REUTERS

FUKUOKA, Japan (Reuters) – Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc’s draft communique obtained by Reuters showed. Facebook, Google, Amazon, and other large technology firms face criticism for cutting […]

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