Knowledge Centre:
News Digests

Stay abreast of what’s happening internationally with developments in corporate public affairs. Here is news that you may find useful and interesting:

Amazon, Facebook and Google hit back at tax on digital companies’ sales, warn of trade warsND

Nassim Khadem, ABC News, Tuesday 3rd September, 2019

Tech giants Amazon, Facebook and Google are the targets of a suggested tax on sales as the Australian Government discusses an OECD and G20 plan to resolve tax avoidance in the digital economy. Europe are already acting, with the French Senate recently passing a three per cent turnover levy that will apply to companies with more than 25 million euros in French revenue and 750 million euros worldwide. In a hearing called by the US Trade Representative Office, the tech giants argued that the French tax is not just discriminatory but also that it harms global tax reform. Google’s trade policy counsel said, "It's a sharp departure from long-established rules, and uniquely targets a subset of businesses." Amazon also warned that the costs associated with increased tax burdens may be passed onto consumers. The matter is not expected to be resolved until the OECD and G20 release the plan in 2020.

For the full story click here

About The Centre

The Centre for Corporate Public Affairs is the only entity of its type internationally, connecting, via corporate membership, the corporate public affairs and communication function across Australia, New Zealand and Asia. We assist our members embrace best practice public affairs structure and strategies.

Our research, professional development programs, events and international thought leadership opens doors to help organisations and practitioners build and apply corporate public affairs as a core management tool and function.

Member Login

Please enter your username and password to access this member resource on the Center website. You may continue to browse the site without login, however access to discounted member prices, event registration and the knowledge centre is restricted.

© 2013 Centre for Corporate Public Affairs | ABN 15 623 823 790 | Site by