Sunday, 14 October 2018

Czechs join Ireland, Nordic countries in opposing EU digital tax

Reuters |
10 October 2018

The Czech Republic joined opposition by Ireland, Finland and Sweden to the European Union's proposed tax on big internet companies in a joint paper warning that the measures may breach international treaty obligations. EU finance ministers agree that tax rules should be changed to increase levies on digital services and aim to finalize a tax on large firms' turnover by the end of the year, but are at odds on how to do so.