What a joke! “OECD chief urges governments not to go it alone on digital taxation”

The only one going it alone is the US. All the other #OECD countries want a minimum corporate tax and a #digitaltax. Cormann should rather be urging governments not to go it alone on NOT imposing digital taxes.

https://giftarticle.ft.com/giftarticle/actions/redeem/0f0a035a-45c5-4d91-8ac5-e132d6079e5b

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Im Europaparlament laufen endlich Gespräche über eine #Digitalsteuer für #Bigtech Konzerne ab 2028 🔥

https://www.n-tv.de/Europaabgeordnete-dringen-auf-EU-Digitalsteuer-ab-2028-id30696581.html

#EU #brussel #digitaltax

In 2025, the EU fined Apple EUR 500M, Meta EUR 200M, and Google EUR 3.4B under the Digital Markets Act.

A 5% digital services tax across the EU could generate tens of billions per year.

The US response: President Trump threatened tariffs on countries applying digital taxes, calling them "designed to harm American technology."

When a tax on profits is framed as an attack, ask who benefits from the framing.

https://www.euronews.com/my-europe/2024/09/10/apple-ireland-lose-13bn-sweetheart-tax-deal-case-in-victory-for-eus-tax-lady
#DigitalTax #DMA #EUAlternatives