The US redoubles offensive versus EU withdrawal Google tax call after the G20 agreement to apply a global minimum tax to the 15% multinationals - This Saturday, finance ministers and central bank governors of the G20 member countries agreed in Venice to support the proposal for a global corporate tax reached in June by the G7 and the Organisation for Economic Cooperation and Development (OECD) and which has received the support of the International Monetary Fund (IMF) and 130 countries representing 90% of world GDP.

This preliminary agreement, which involves setting a minimum overall rate of corporation tax of at least 15% on the profits of multinationals, paves the way for the G20 to give its approval definitive to this measure at its next meeting of heads of State and Government, which is scheduled for October, although there is still one last crucial point of disagreement between the US and the European Union, which could take up to that agreement.

Thus, the White House proposed in April to raise corporate tax for companies operating outside its country and that the OECD implement a global minimum tax to prevent multinationals from resorting to tax havens or encouraging tax dumping between countries. However, before the Venice agreement, Washington demanded that Brussels withdraw its proposal for a European Google tax ensuring that this measure goes against the minimum rate agreed by the G20.

US redoubles offensive versus EU withdrawal Google tax

The united states secretary of the Treasury, Janet Yellen, will defend the position of his Government on Monday before the Finance ministers of the 27, in a meeting that will be preceded by bilateral meetings held with the presidents of the European Central Bank (ECB), Christine Lagarde, and the European Commission, Ursula von der Leyen, in addition to the vice-president of the EC in charge of trade, Valdis Dombrovskis, according to Bloomberg.

Yellen, who has not clarified to the press whether the EU's digital tax proposal violates the G20 agreement for a global type of companies, will pressure EU officials to reconsider their proposal to tax technology multinationals and is not satisfied with the reasons given by Brussels to defend the application of this measure, according to the US economic environment, which does not rule out the EU postponing its approval again.

US redoubles offensive versus EU withdrawal Google tax

The united states secretary of the Treasury has highlighted that the members of the EC are in their right to make their own decisions, although he has stressed that the G20 has agreed not to approve any future taxation measure that can be discriminatory against u.s. companies, according to Bloomberg, which notes that the French minister of Finance, Bruno Le Maire, has clarified 27 negotiate a solution with their american counterparts.

US redoubles offensive versus EU withdrawal Google tax

Last Tuesday, Yellen already met with the vice president of Competition and Digital Affairs of the European Commission, Margrethe Vestager, who has been reluctant to withdraw the proposed Community Google tax, saying that it is an internal decision of the EU countries about the management of their resources to finance their recovery and resilience plans.

Regarding the approval of the G20 preliminary agreement, Yellen was optimistic about the support that this measure will receive in the US Congress and predicted its approval in autumn, while in the EU, Ireland, Hungary and Estonia have been reluctant to approve it, which could delay its implementation in Europe, given that fiscal decisions within the 27 have to be agreed unanimously.

US redoubles offensive versus EU withdrawal Google tax

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How much an athlete earns in Spain: this is the salary and working conditions

An athlete who wants to reach the professional category and compete in relevant tournaments must prepare from a young age, and devote a number of hours to training that sometimes exceeds the duration of a working day.

This is where federations come into play. Not only the Royal Spanish Athletics Federation, which is the highest body of this discipline, but the headquarters at the regional level.'

It depends on the autonomous community in which you live you must address one or the other federation. Here you have a list of all that exist and how to contact them in each city, since there are provincial and local organizations.

The functions of these bodies include: promoting and facilitating the practice of sports, coordinating, supervising and supervising the work of federated athletes, organizing competitions and designing preparation plans for high-level athletes.

If you manage to become a professional athlete and belong to any of the federations in Spain you will earn one of the salaries shown below.

It is not easy to detail the salary of an athlete, since it depends on the level of competition that reaches, the possibility of receiving scholarships from the federation or whether or not it has sponsors.

According to El Confidencial, the option of placing advertising marks on T-shirts is usually a source of funding for athletes.

However, it is high-level athletes who manage to attract most sponsors, or in any case those athletes who work well social networks and personal image.

Another point to take into account is the system of aid or scholarships of the Spanish Athletics Federation, which you can consult in this document. To access the aid you must be in possession of a federative license, have Spanish nationality, be under the tutelage of a licensed coach and participate in national athletics championships.

The scholarships not only include a financial amount, but athletes will enjoy medical services, nutrition assistance and individualized support to improve their performance.

There is no collective agreement that regulates the situation of athletes in Spain, although the consultancy PwC recommended in February 2018 that a sectoral agreement be created to fix the working conditions of these athletes, as explained by Palco 23.

In Spain there are more than 85,000 federated athletes, according to government data. Of these, 47,000 are men and 38,000 women. The federation with the most athletes is that of Catalonia: around 13,600 athletes with official license.

Those athletes who manage to reach the highest levels worldwide do end up attracting the interest of sponsors and accumulating a fortune that is out of the ordinary, is the case of Usain Bolt.

The Jamaican broker, now retired, has a fortune of 34 million dollars, approximately 30 million euros at the exchange, according to Expansión.

Another successful athlete, swimmer Michael Phelps, has 55 million dollars, about 50 million euros, thanks mainly to the sponsors.