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US tech companies move against tax avoidance reforms

Accountancy Age

LOBBYISTS representing Silicon Valley have urged the OECD to halt curbs against tax avoidance. The Digital Economy Group, a lobbying group dominated by leading US digital firms, has written to the OECD (pictured) insisting that any correlation between multinational digital business models and tax leakage is purely coincidental, the Guardian reports. It said: “Enterprises that employ digital communications models do not organise their business operations differently as a legal or tax…

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