Revenue Tax news and trends

EU Wants US Tech Giants To Pay Revenue Tax

September 12, 2017
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EU Wants US Tech Giants To Pay Revenue Tax

September 12, 2017
Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./Google, based on their local revenue rather than their local profits. According to The Street, although there was no specific tax rate given, the funds raised through the tax “would aim to reflect some of what […]