Etsy Paid Only £128,000 in Corporation Tax Despite £160M in Sales
The online marketplace Etsy paid just £128,000 in corporation tax in the UK in 2020 despite racking up sales of $195.8m
Nations Agree To 15 percent Minimum Corporate Tax Rate
Most of the world’s nations have signed up to a historic deal to ensure big companies pay a fairer share of tax.
Amazon Had Sales Income of €44Bn in Europe in 2020 but Paid No Corporation Tax
Amazon said the report’s “suggestions are wrong” and the company had “a 24% effective tax rate on profits from 2010-18”.
Jeff Bezos Endorses Higher Corporate Taxes For Infrastructure
Biden has proposed hiking the U.S. corporate tax rate to 28% from 21% to help pay for his plan, an idea that Republican leaders are panning.
U.S. Treasury’s Yellen Calls for Global Minimum Corporate Tax
U.S. Treasury Secretary is working with G20 countries to agree on a global corporate minimum tax rate. know more.