New taxation rules for giant IT companies, etc. Agreement time postponed until mid-next year October 12, 18:51
The group centered on the member countries of the OECD (Organization for Economic Co-operation and Development) has set a goal for new taxation rules for giant IT companies that are expanding to countries around the world and making profits. Announced that it will be postponed until the middle.
Giant IT companies make profits around the world by exchanging data and services across national borders, but the problem is that countries without headquarters, such as headquarters, cannot fully tax.
For this reason, groups formed in 137 countries and regions, mainly OECD member countries, have been discussing with the goal of agreeing on new taxation rules by the end of the year, but on the evening of the 12th of Japan time, the agreement was reached in the middle of next year. Announced that it will be postponed.
This is because there was no consensus on how to allocate part of the profits of companies operating around the world to each country and the level of the "minimum tax rate" to be introduced in each country.
However, this time, we announced the draft rule, and while the profits of search services provided by giant IT companies are subject to taxation, the profits of IoT services that connect everything via the Internet are excluded from the target.
The OECD has decided to rush the discussion, saying that if a new taxation rule is introduced with a "minimum tax rate" of 12.5%, the world's tax revenue will reach up to 100 billion dollars a year and the Japanese yen will exceed 10 trillion yen. I am.
The draft is expected to be reported to the G20 Finance Ministers and Central Bank Governors' Meeting on the 14th.