Facebook: Global Tax Deal Could Mean US Paying More Tax

A 3D-printed Facebook logo is seen placed connected a keyboard successful this illustration taken connected March 25, 2020. (Dado Ruvic/Illustration/Reuters)

An planetary woody mounting a global minimum firm tax level could mean Facebook volition wage much tax, the world’s largest integer societal web said connected Friday.

“Facebook has agelong called for betterment of the planetary taxation rules, and we recognise this could mean paying much tax, and successful antithetic places,” Nick Clegg, Facebook Vice President for Global Affairs, said successful a statement.

“The taxation strategy needs to bid nationalist confidence, portion giving certainty and stableness to businesses. We are pleased to spot an emerging planetary consensus.”