• The Battle Over Big Tech's Regulation Is Being Sucked Into Trump's Trade War, and That's Dangerous

    3 monthes ago - By Fortune

    The U.S. and Europe continue to be at loggerheads over the taxation of digital giants such as Amazon amzn and Google googl
    -an argument that was on display at yesterday's meeting of G20 finance ministers in Argentina.
    Back in March, well before the Trump administration launched a metals tariff offensive against the U.S.'s European allies, the European Commission proposed new tax rules that would see big tech firms pay 3% on their European revenues, rather than on their profits as is traditionally the case. That's an interim measure; in the long term, the Europeans want such companies to be...
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  • EU fights for global digital tax on tech giants at G20 meeting

    EU fights for global digital tax on tech giants at G20 meeting

    3 monthes ago - By Venture Beat

    BUENOS AIRES - European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts. The final communique reaffirmed a commitment to address the impacts of th...
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