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Zuckerberg welcomes new framework for digital tax

EPA/KAY NIETFELD
Facebook CEO Mark Zuckerberg speaks at the Facebook Innovation Hub in Berlin, Germany, 25 February 2016. Zuckerberg presented studies on Artificial Intelligence inter alia. Mark Zuckerberg, founder and chief executive of the social networking giant Facebook, has arrived in Berlin for two days of talks as Germany debates how to tackle online xenophobia and hate speech amid an influx of refugees. Facebook agreed in December 2015 to abide by German laws on hate speech on their sites in Germany, responding to complaints by the government that they are too slow to take down xenophobic abuse posted online.

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Facebook founder Mark Zuckerberg backed the OECD moves, saying he accepts he may have to pay more taxes under the proposed digital tax reforms.
The OECD group of free-market economies has been working on a solution about multinational companies who manage to find a way to avoid paying taxes, even if that means they would have to pay more to national governments.
“We also want tax reform and I’m glad the OECD is looking at this,” Zuckerberg said, and added: “I understand that there’s frustration about how tech companies are taxed in Europe. We want the OECD process to succeed so that we have a stable and reliable system going forward”.
Last year, France imposed its own tax on US digital giants such as Facebook, Google, Amazon, and Apple, angering from the US, who condemned the move as discriminatory.
Zuckerberg is to attend the annual security conference in Munich, where he is expected to say he accepts a new OECD system for online tax.
“The aim is to ensure that multinational enterprises conducting sustained and significant business in places where they may not have a physical presence can be taxed in such jurisdictions”, the OECD explained.

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