EU digital tax on verge of collapse

dw

France has been desparately trying to save a plan to get tech companies to pay more tax. Some nations are pinning their hopes on a global solution to the problem, while others are pushing national schemes. The European Union’s ambitious plan to impose bloc-wide tax regulations on digital companies was on the verge of failure on Tuesday.

Tech giants such as Facebook and Google pay remarkably little tax by shifting profits to low-tax member states, but plans to fix that have been deeply divisive in the EU…

Read more : Deutsche Welle, 06.11.2018