Google tax
From The Art and Popular Culture Encyclopedia
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"In 2018 the European Google tax initiative is given a weaker version because Europe feared tariffs on German cars."--Sholem Stein |
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'Google tax' is a popular term used to refer to anti-avoidance provisions that have been passed in several jurisdictions dealing with profits or royalties that have been diverted to other jurisdictions with lower or nil rates.
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Diverted profits tax
The UK and Australia measures took effect in advance of the Base erosion and profit shifting measures being considered at recent G20 summits.
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See also
- Big Four tech companies
- Tax inversion
- Gaming the system
- Companies of the United States with untaxed profits
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Google tax" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
