It’s no secret that European countries want major tech firms to pay more taxes, but how will they go about that beyond collecting back taxes? By taxing the companies where they’ll feel it the most, that’s how. The finance ministers of France, Germany, Italy and Spain have written a joint letter to the European Union’s presidency and Commission calling for taxes on tech giants’ revenues, not just their profits. The four nations want the Commission to produce an ”equalization tax” that would make companies pay the equivalent of the corporate tax in the countries where they earn revenue.
Källa: EU countries aim to raise tech firms’ taxes by targeting revenue
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