Finance Minister and Vice Chancellor Olaf Scholz (SPD) and his French counterpart Bruno Le Maire (LREM) are confident that the current OECD negotiations on international tax systems will be concluded by the end of 2020. EURACTIV Germany reports.
France and the US locked horns Thursday (18 June) over taxing digital giants such as Google and Facebook, after Washington said it was breaking off talks aimed at establishing a global framework for making the companies pay larger levies where they operate.
France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy, its finance minister said on Thursday (13 May), adding such a tax had never been more legitimate or more necessary.
Poland will introduce a 1.5% levy on the revenue of streaming platforms including Netflix and Amazon, its finance minister said on Wednesday (29 April). The proposal comes as calls mount for a broader taxation on the operation of digital giants in Europe as a means to mitigate the economic fallout from the coronavirus.
Representatives from the US tech industry on Wednesday (11 March) hit out at the UK's plans to introduce a digital services tax from the beginning of April, following a period of uncertainty as to whether the UK would continue with the measures amid attempts to contract a US trade deal.
Britain said on Monday (2 March) it would consider opposition to its plan to impose a new digital tax on big tech companies like Google, Facebook and Amazon as part of its ambition to agree a free trade deal with the United States.
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Despite of the US threats to impose new tariffs, France, Italy, Spain and the UK said on Wednesday (22 July) that they would move ahead with their national digital tax if there is no agreement at the OECD level by the end of this year
US President Donald Trump, fresh from calling a trade truce with China, threatened on Wednesday (22 January) to impose crippling tariffs on European autos unless the EU budges on a transatlantic deal. The European Union talked up hopes for such...
Conservative German MEP Axel Voss, also known as the father of the controversial copyright reform, has published a manifesto on European digital policy in which he warns that Europe should not become a "digital colony" of other powers. EURACTIV Germany reports.
France’s Finance Minister Bruno Le Maire said on Tuesday (21 January) talks with the United States on the taxation of digital companies “remained difficult” despite a pledge from the two countries to avoid a trade war until at least the end of this year.
French President Emmanuel Macron said on Monday (20 January) he had a "great discussion" with US President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid a rise in tariffs.
The EU will assess whether a US-China deal to roll back some bilateral tariffs in exchange for increased US imports to China is compatible with World Trade Organisation rules, said Trade commissioner Phil Hogan on Thursday (16 January).
US consumers, companies and workers will pay the biggest price for proposed 100% tariffs on French Champagne and other sparkling wines, cheese, porcelain, enamel cookware and handbags, witnesses told the US government on Tuesday (7 January).
France is ready to go to the World Trade Organization to challenge US President Donald Trump's threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday (8 December).
The US government on Monday (2 November) said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm US tech companies.
States need to be prepared and equipped to tax what cannot be seen, but also to increase the fairness and effectiveness of the collection of tax revenues, a panel of experts has agreed. The Focus Group ‘Smart taxation in a...
Paolo Gentiloni won the European Parliament's approval on Thursday (3 October) to become EU Commissioner for the Economy, with ambitious plans to unblock tax proposals and to design the European unemployment reinsurance scheme.
European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little.
French President Emmanuel Macron steered a tense G7 summit towards a happy conclusion on Monday (26 August), in what will be remembered as one of the most conciliatory gatherings since Donald Trump took over the US presidency.
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