The Taxing Problem of Global Tech Giants
Internet companies have long been the target of complaints that they don’t pay their fair share. So how do you build a system for the digital global economy?
Internet companies have long been the target of complaints that they don’t pay their fair share of taxes. The system wasn’t built for a digital global economy, but how do you now impose rules on multinational tech giants? Bloomberg Economy reporter William Horobin reports from Paris on the battle to find common ground among almost 140 countries and avoid a new transatlantic trade conflict.
Host Stephanie Flanders talks with Pascal Saint-Amans, director of the center for tax policy at the Organization for Economic Cooperation and Development and the man trying to find a way through the arguments.
She also speaks with Ivory Coast reporter Leanne de Bassompierre about a very different trade spat between the chocolate makers we all know and love and the West African nations that produce their cocoa. It’s a fight that might play out in the price of your Hershey’s kisses this Christmas.