Brussels sets eyes on EU cryptocurrency tax
Officials have met to decide on an EU-wide cryptocurrency tax.
The European Commission will shortly start discussions with the union's treasuries to determine if the cryptocurrency market warrants a single EU tax structure.
As nations pursue various tax and rate structures for the expanding m... Read more
GSMA and Euro-telcos want exemption from crackdown on big tech
Telco lobby groups have argued for the exclusion of their members from the proposed global tax rules that aim to stop multinational corporations (big tech) from legally but cynically avoiding tax by conducting online activities in jurisdictions with lax tax laws.
The G7 approved a method to root... Read more
France will withdraw digital tax when global tax rules are implemented
France is ready to make a binding promise to the US to remove a national tax on digital giants, as soon as a new global taxation deal is created. The news came from French Finance Minister Bruno Le Maire on Tuesday.
He hinted that the international deal would not have any impact on the EU's plan... Read more
Amazon, Apple and Google raise fees in response to new digital taxes
Three of the biggest tech companies are raising some of their service fees after digital taxes were implemented in some countries. Apple and Google put out statements separately on September 2.
In the statements, they said that they are passing on the cost of these taxes to their customers. On W... Read more