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Tuesday, February 05, 2019

The OECD hurries the debate on taxes to the digital economy

This year will have a proposal to be in tune with the European Union to achieve international coordination and discuss changes in tax rules that determine in which countries multinationals have to pay taxes depending on where they develop their business.

The decision of the Council of Ministers of Spain to approve the so-called 'Google rate' impacted on the debates about the taxation that occurs both in the European Union (EU) and in the Organization for Economic Cooperation and Development (OECD) concerning the application of taxes to large digital companies. From the OECD officials consider that the measure taken by Spain partially solves the problem by not having a form of coordination at  an international level to discuss changes in tax rules that determine in which countries multinationals have to pay taxes depending on where they develop their business.

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