
Taxes on super rich and tech giants stall under Trump
The Peninsula
Paris: Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under Presid...
Paris: Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under President Donald Trump.
The billionaire real estate tycoon has pulled the United States out of an international deal on taxing multinationals and threatened tariffs on countries that target US tech giants.
Here is a look at the state of play:
- Big tech taxes
Countries have accused Amazon, Microsoft, Google owner Alphabet and Facebook's parent company Meta of sidestepping local taxes.
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