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Economy

G-20 to tax digital giants by business footprints

Location of users, not company headquarters, to be key factor

An activist wearing a mask of Facebook CEO Mark Zuckerberg calls for more taxation of the social network.   © Reuters

TOKYO -- The Group of 20 major economies are set to agree on a basic corporate tax policy that would allocate revenue to countries that provide large user bases for the world's digital corporate giants, sources said on Wednesday, just ahead of a round of meetings in Japan.

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