Multinational technology giants like Google, Amazon, Apple, Microsoft and Facebook could face higher tax bills under EU plans to introduce virtual permanent establishment rules. However, such rules could be difficult for governments to administer.
The leaders of Brazil, Russia, India, China and South Africa (BRICS) reaffirmed their commitment to achieving a “fair and modern global tax system” that includes a deeper cooperation between the nations and on the OECD BEPS project. Digital enhancements will play a large part in their efforts to achieve this.
The French permanent establishment rules are the country’s biggest hurdle in taxing Google, Amazon, Facebook and Apple (GAFA) in the way it wants. But it is determined to use these rules to make such digital companies pay what it believes to be their ‘fair share of tax’.
Through its Andersen Tax & Legal brand name, Andersen Global has expanded into Querétaro, Mexico, by establishing a new office in the industrial city located north of Mexico City.
