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Mark Zuckerberg backs tax reform for online firms

Mark Zuckerberg has accepted that he will may have to pay more tax in Europe.

The Facebook CEO is set to give a speech on Saturday (15.02.20) in which he will declare his backing of the upcoming tax reform for online firms which is expected to be put into place in April.

In published extracts obtained by several online news outlets, he says of the the Organisation for Economic Co-operation and Development's plan: "We also want tax reform and I'm glad the OECD is looking at this.

"We want the OECD process to succeed so that we have a stable and reliable system going forward."

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