An Interest In:
Web News this Week
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
November 6, 2018 10:20 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tGsUKrvE9jA/three-european-countries-block-tax-on-tech-giants
Three European Countries Block Tax On Tech Giants
An anonymous reader quotes a report from Bloomberg: French Finance Minister Bruno Le Maire's efforts to rally his European Union colleagues around a new tax on tech giants fell short, as countries skeptical of the plan doubled down on their opposition, and others, including Italy, said they'll push ahead with their own plans. Ministers from Denmark, Ireland and Sweden said they couldn't support the tax in its current form, casting doubt on the proposal's future, since unanimity is required to pass taxes in the EU. The plan on the table would impose a 3 percent levy on the European sales of the likes of Amazon and Facebook. A number of countries are already imposing taxes of their own, increasing the risk of fragmentation in the single market. Finance Minister Giovanni Tria said an Italian tax will kick in next year if there's no broader agreement by then. Spain and the U.K. have already announced their own levies.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tGsUKrvE9jA/three-european-countries-block-tax-on-tech-giants
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot