Group of 20 leaders made a push to increase “tax certainty” for the $25 trillion e-commerce marketplace, and acknowledged that the digitalization of the global economy provides new challenges in their fight against tax avoidance and evasion.
A July 8 communique approved by the leaders doesn’t explicitly endorse taxation of online commerce, but the joint statement reflects the group’s shifting attitude toward taxing e-commerce giants like Alphabet Inc., Amazon.com Inc., and Alibaba Group Holding Ltd.
The development comes just weeks after President Donald Trump raised eyebrows in a June 28 tweet that said Amazon should pay internet taxes—a prospect the ...
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