• EU states fear U.S. retaliation over tax plan for internet giants like Google and Facebook

    6 days ago - By Venture Beat

    EU governments are split over a plan to tax big internet firms like Google and Facebook on their turnover, fearing retaliation from the United States.
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  • France Wants EU Digital Tax Deal by the End of 2018

    France Wants EU Digital Tax Deal by the End of 2018

    6 days ago - By Fortune

    The French Finance Minister Bruno Le Maire has put down a red line : a European Union directive on a digital tax by the end of the year, or else.
    France and other countries in the EU want to tax companies like Apple , Google , Facebook , and Amazon-international companies that work in the digital space. These companies have come in for criticism over the taxes they pay in European countries, and France just wants them to pay their fair share. The problem is, the EU can't agree on how to do it.
    France's proposal has been in the wings since March of this year, but there hasn't been much...
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  • Germany says EU should revise, delay digital tax plan

    6 days ago - By Reuters

    Germany's Finance Minister Olaf Scholz said on Tuesday the European Commission should revise its plan for a EU-wide tax on large digital companies and stressed the new levy should be applied only if there is no global deal by the summer of 2020.
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  • EU states divided over digital tax, fear U.S. retaliation

    6 days ago - By Reuters

    EU governments are divided over a plan to tax big internet firms like Google and Facebook on their turnover, fearing retaliation from the United States, and could delay its application until a global deal is reached, top officials said on Tuesday.
    Read more ...