Digital firms pay less than half tax of traditional rivals: EU Commission
https://www.cnbc.com/2017/09/20/digital-firms-pay-less-than-half-tax-of-traditional-rivals-eu-commission.html
Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said in a draft report which backs plans to increase the tax bill of firms like Amazon or Facebook.
In the report to be adopted on Thursday, the Commission says the best solution to address this distortion would be a global deal, but in the absence of sufficient progress it said the EU should move ahead alone.
Digital firms pay less than half tax of traditional rivals: EU Commission
Sep 20, 2017, 2:13pm UTC
https://www.cnbc.com/2017/09/20/digital-firms-pay-less-than-half-tax-of-traditional-rivals-eu-commission.html
>Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said in a draft report which backs plans to increase the tax bill of firms like Amazon or Facebook.
>In the report to be adopted on Thursday, the Commission says the best solution to address this distortion would be a global deal, but in the absence of sufficient progress it said the EU should move ahead alone.