skip to Main Content

EU to Unveil Tax Plans for Large Global Tech Companies

The European Union this month will unveil plans to tax large global tech companies’ revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a newspaper interview. “ The proposal aims at increasing the tax bill of firms like, Alphabet’s Google and Facebook, which are accused by large EU states of paying too little by rerouting their EU profits to low-tax countries such as Luxembourg and Ireland.

Go to Source
Author: Doug Isenberg

Back To Top