Friday, January 31, 2020

Govts launch rewrite of global tax rules

The rise of Amazon, Facebook and Google has strained existing rules to breaking point because big tech companies can book profits in low-tax countries like Ireland no matter where their customers are located. https://ift.tt/2uS6Vod https://ift.tt/eA8V8J

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...