Facebook says it could pay more tax after G7 deal

Reuters2021-06-05

LONDON, June 5 (Reuters) - Facebook welcomes the progress made by the Group of Seven on a minimum tax rate and accepts this could mean the social network pays more tax, and in different places, its head of global affairs Nick Clegg said on Saturday.

"Facebook has long called for reform of the global tax rules and we welcome the important progress made at the G7," Clegg said on Twitter. "Today's agreement is a significant first step towards certainty for businesses and strengthening public confidence in the global tax system.

"We want the international tax reform process to succeed and recognize this could mean Facebook paying more tax, and in different places."

(Reporting by Kate Holton; editing by Michael Holden)

((kate.holton@thomsonreuters.com; 0044 207 542 8560; Reuters Messaging: kate.holton.thomsonreuters.com@reuters.net))

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Comments

ppangsy
2021-06-05
ppangsy
I hope facebook can pay more! Pls like my comment
- Estada:
  yes need to pay more since it has our data

Leave a comment

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Pls like my comment","listText":"I hope facebook can pay more! Pls like my comment","text":"I hope facebook can pay more! 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