Global rules are being developed to make digital companies pay tax where they do business. FMTNews
February 22, 2020 7:16 PM
The call for unity appeared mainly directed at the United States, home to the biggest tech companies, in an attempt to head off any stalling on the rules until after the American presidential election in November. The taxing of digital firms and the effect of the coronavirus outbreak on the global economy are among the hot topic for G20 financial leaders, from the world’s 20 largest economies, during their talks in Riyadh this weekend.
But the OECD efforts were stalled late last year by last-minute changes demanded by Washington, which many G20 officials view as reluctant to deal with a potentially politically tricky matter before the presidential election.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi hosts G20 financial leaders amid virus alarm | The Malaysian InsightThey will discuss possible policy responses to safeguard against downside risks.
Read more »
Saudi Arabia intercepts missiles fired from Yemen as G20 ministers gather | Malay MailDUBAI, Feb 21 — Saudi Arabia said it had intercepted several ballistic missiles fired from Yemen towards Saudi cities today as finance ministers and central bankers from the Group of 20 major economies gathered for a meeting in Riyadh. The Iran-aligned Houthi movement launched the missiles from...
Read more »
Drop LTTE charges and let 12 walk free Monday, Ramkarpal says | The Malaysian InsightDAP MP says no reason to hold them longer than necessary, following A-G’s decision.
Read more »
Tiny South Pacific nation seeks US$100 bil loan from ChinaSolomon Islands switched ties to Beijing from long-term partner Taiwan last November. FMTNews China
Read more »
US intel chief replaced as casualties of Trump purge mount | The Malaysian InsightReports say US president furious with official over briefing given to lawmakers about Russian interference in 2020 election campaign.
Read more »