UK corporate tax crackdown potentially impacts Apple, Google, Amazon & others
Covent Garden, London – one of the largest Apple Stores in the world
New corporate tax measures aimed at preventing multinational companies making profits in the UK and then shifting them overseas where they incur lower taxes could potentially impact a number of tech companies, including Apple, Google and Amazon.
The British government announced a new 25% tax on profits generated in the UK and then “artificially shifted” overseas, reports the BBC …
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