Shares in U.S. tech giants a notch lower after landmark G7 tax deal
newscatcher
2021-06-07 09:30
Shares in U.S. tech giants a notch lower after landmark G7 tax deal
LONDON (Reuters) – Shares in U.S. technology giants were down slightly in premarket trading after the world's richest nations agreed on a landmark global minimum corporate tax deal.The Group of Seven (G7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15%.Shares of Facebook, Amazon.com, Apple, Microsoft and Google-parent Alphabet were all down between 0.3% and 0.6%.The G7's proposals are seen targeting technology companies that sell services remotely and attribute much of their profits to intellectual properly held in low-tax jurisdictions.

https://kfgo.com/2021/06/07/shares-in-u-s-tech-giants-a-notch-lower-after-landmark-g7-tax-deal/

#kfgo
Hide Comments Comments (0)

You must login before you can post a comment.