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Facebook says it could pay more tax after G7 deal

London, June 5

Fb welcomes the progress made by the Group of Seven on a minimal tax charge and accepts this might imply the social community pays extra tax, and in other places, its head of world affairs Nick Clegg stated on Saturday.

“Fb has lengthy referred to as for reform of the worldwide tax guidelines and we welcome the vital progress made on the G7,” Clegg stated on Twitter. “Right this moment’s settlement is a big first step in direction of certainty for companies and strengthening public confidence within the world tax system.

“We wish the worldwide tax reform course of to succeed and acknowledge this might imply Fb paying extra tax, and in other places.” — Reuters

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