Breaking News

MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case COLORFUL Launches Rimbook Series Laptops Circular Smart Rings Offer Early Detection of Sickness Symptoms Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

EU Scarps Digital Tax Plan

EU Scarps Digital Tax Plan

Enterprise & IT Mar 12,2019 0

European Union governments on Tuesday scrapped a plan to introduce an EU-wide digital tax as some member states opposed it.

The move is likely to be welcomed by digital giants such as Google and Facebook who would have fallen under the scope of the envisaged 3 percent levy.

However they face similar taxes that EU states, such as France, Italy, Britain and Spain, are introducing at national level.

The Romanian presidency of the EU said there was no agreement on the tax despite months of talks, as the bloc’s Nordic countries and Ireland kept opposing the reform.

He said ministers would now focus on trying to reach a common position for an overhaul of digital taxation at a global level by 2020, confirming a Reuters report last week.

The Organization for Economic Co-operation and Development (OECD), a club of mostly wealthy nations, is currently working on a global reform of digital taxation to narrow loopholes that allow large multinational firms to greatly cut their tax bills.

Tags: European Union
Previous Post
Corsair Launches Crystal Series 680X RGB and Carbide Series 678C Cases
Next Post
Windows 10 Automatically Removes Problematic Updates

Related Posts

  • EU Says it Must Ensure Fair and Safe Use of Artificial Intelligence

  • EU Will Not Explicitly Name Huawei in Upcoming 5G Risk Rules

  • Europe Won't Accept Private Digital Currencies

  • Europe Drops WiFi requirements For Connected Cars

  • EU to Probe Spotify Folowing Apple's Complaint: report

  • European Countries Support New EU Copyright Rules

  • European Parliament Agree on Tough Transparency Rules For Online Platforms

  • LG Prada Looking Smartphone Announced

Latest News

MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop
Consumer Electronics

MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop

GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case
Cooling Systems

GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case

COLORFUL Launches Rimbook Series Laptops
Enterprise & IT

COLORFUL Launches Rimbook Series Laptops

Circular Smart Rings Offer Early Detection of Sickness Symptoms
Consumer Electronics

Circular Smart Rings Offer Early Detection of Sickness Symptoms

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution
Enterprise & IT

Micron Unveils Portfolio of Industry-First SSDs to Power the AI Revolution

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed