G7 countries devise way to catch Amazon in tax net

  • Date: 09-Jun-2021
  • Source: Money Control
  • Sector:Economy
  • Country:Middle East
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G7 countries devise way to catch Amazon in tax net

Some European countries had concerns that Amazon may fall out of scope of the proposed new rules because its overall operating margin as a company is less than 10%, which is the threshold set as a criteria for companies on the list.