The Organization for Economic Cooperation and Development (OECD) has disclosed its initial proposals that allow individual governments to tax multinational companies more. This situation will affect large companies such as Apple, Facebook or Google.
Apple already had a tough battle against the European Union that demanded the payment of 14.400 million dollars in taxes for sales and operations carried out through Ireland and that the company ended up paying off.
The OECD looks for companies with revenues above $ 821 million.
According to the OECD, the current tax system is facing the abyss and You will not be able to survive the fall if the stressful situations that have brought you to this point are not eliminated first.
The companies referred to by this body, They are those that operate across borders and obtain revenues of more than 821 million dollars. It is also required that they do not have a physical presence in the country where they generate these benefits, it is enough that they have a "sustained and significant" customer base.
With these premises, Apple would be one of the many companies affected, since the American company, for example, operates through Ireland. Country that has one of the most lax tax system in the European Union and the OECD does not want them to become tax havens for large and international multinationals.
Recall that almost 100% of the profits made by Apple were channeled through a central office within Apple Sales International, It is not headquartered in any country, has no employees or facilities. The vast majority of profits were distributed through it, and not the Irish branch.
A meeting of OECD members is scheduled to take place in Washington next week. and where the reforms that are planned to be carried out will be discussed. More than 130 countries have agreed in principle on the need for reform, and the European body aims to present a more detailed framework agreement to them in January 2020.
