About: Tech tax

Le Maire campaigning for a tax on tech giants

19 European countries now support introducing a tax on tech giants’ revenues but a handful of capitals are resisting, including Berlin. Campaigning so that the plan is successful, Bruno Le Maire, the French minister of economy and finance, has 60 days to convince them. EURACTIV France reports.  

EU ready to hit big US tech firms with 3% turnover tax

Large digital companies with significant revenues in the European Union such as Google and Facebook could face a 3% tax on their turnover under a draft proposal by the European Commission.

EU tells tech firms it wants to tax profit, not revenue

The European Commission told top digital firms on Wednesday (7 March) that its favourite choice to reform online taxation would be a new method to tax profits rather than revenues, a move the industry welcomed.

EU agrees to draft proposal to raise taxes on internet giants

A majority of member states agreed to start preparing a new levy on digital companies to compensate for low-tax regimes that cost billions of euros to European governments.