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The G7 group of countries – seven of the world’s richest economies – are “plotting a raid” to try to get Amazon to pay more corporate tax, the Financial Times reports. Last week the G7 agreed a deal to make big companies pay more tax in the countries where they do business. The FT says that although Amazon appears to fall outside the profit margin threshold set by the G7 plan, there is an idea to treat Amazon’s cloud computing division as a separate entity which could mean Amazon pays more.

Financial Times Front Page 7th of November 2024

Donald Trump has achieved a significant political comeback by defeating Kamala Harris in the presidential election, raising questions about the future of America’s democracy and international alliances, while global markets react to concerns over tariffs.

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