Monday, 26 February 2018

EU to propose new tax on digital firms up to 5 percent of their gross revenues

BRUSSELS (Reuters) - The European Commission wants to tax large digital companies' revenues based on where their users are located rather than where their headquarters are, at a rate between 1 and 5 percent, a draft Commission document showed.


from Reuters: Top News http://uk.reuters.com/article/uk-eu-tax-digital/eu-to-propose-new-tax-on-digital-firms-up-to-5-percent-of-their-gross-revenues-idUKKCN1GA25X?feedType=RSS&feedName=topNews

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