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G7 imposes taxes on multinationals – Corriere.it

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G7 imposes taxes on multinationals - Corriere.it

β€œThe winners of this crisis must make their contribution,” Gentiloni said, referring to the tech giants β€” Amazon, Google and Facebook β€” who have seen their profits. Skyrocketing thanks to changes in habits It was introduced by the pandemic and lockdowns. redistribution of taxes. It was emphasized that it would have a positive impact not only on the economic level, but in general on the political and social climate. The β€œglobal tax” will come into force in a few years: only at that moment – the Italian Minister of Economy Daniel Franco explained – will countries that have introduced a digital tax, including Italy, abolish it. This was a point of contention between the United States and the Europeans: the Americans were wondering Immediately overcome the digital tax, which mainly affects their companies Ψ΄Ψ±ΩƒΨ§Ψͺ.


β€œIt has been talked about for a long time and an agreement has been reached on this matter. Franco noted that the years-long debate had been opened. The agreement reached at the G7 is not final: now an agreement will be needed at the level of the Organization for Economic Co-operation and Development, which includes 139 countries, which will then have to be ratified in the G20, of which Italy is chairing this year. “But after today’s move, the conditions are ripe for a historic agreement in the G-20: the momentum of the G7 is enormous,” Gentiloni said. And for those who object to the possibility of rebellious states, the European commissioner notes that “it would be difficult to escape a global train.” Everyone realized that the change in pace was It became possible with the advent of the new US administration, which once again chose to favor a multilateral approachAnd without US Treasury Secretary Janet Yellen, and without her leadership, the result would not have been possible. “Now that we are out of the pandemic – Gentiloni’s conclusion is – we have the opportunity to redesign the global rules.”

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Jun 5 2021 (change on Jun 5, 2021 | 20:20)

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