Let's come together to tax tech cos, say G20 officials eying $100 bn boost

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

Leading world economies must show unity in dealing with aggressive "tax optimisation" by global digital giants like Google, Amazon and Facebook, G20 officials said on Saturday.
 

Global rules are being developed by the Organisation for Economic Cooperation and Development (OECD) to make digital companies pay tax where they do business, rather than where they register subsidiaries. The OECD says this could boost national tax revenues by a total of $100 billion a year.
 

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