Technology Companies Will Now Pay More Taxes

Large technology companies continue their work in low-tax countries, thereby reducing their tax burden. was reducing. With the agreement signed by OECD member countries, global tax rate 15% was determined as.

After the new decision, companies now invest in less developed countries. low tax He will not be able to take advantage of the opportunity and will pay more taxes than before. The new regulation is receiving criticism from governments and investors.

Developing countries dissatisfied with new deal

Nick Clegg, Facebook’s vice president of global affairs, announced on Thursday that the company will pay more taxes with the new regulation. Clegg’s thoughts on the new deal, “The tax system needs to manage public trust while providing stability to businesses. Reveal a international consensus We are pleased to see it come out.” explained as.

Developing countries that expect higher tax rates not taken into account claims. Although the introduction of the tax cap is not a problem for countries that have cut their tax rates to attract foreign investors, developing countries are not happy with the deal. Countries that are dissatisfied with the accepted 15% claim that developed countries ignore them. Argentine Economy Minister Martin Guzman said that the proposals for tax rates were not satisfied and that the less developed countries “bad and worse” He said he had to choose between them.

In addition, Oxfam and similar non-profit organizations, which have been working on taxes for a long time, stated that these rates cannot help prevent companies moving for tax purposes.