Tuesday, 5th July 2022
<To guardian.ng
Search

France, Germany fight to save EU tech tax

By DW
06 December 2018   |   11:04 am
The two countries want tech giants such as Google and Facebook to pay tax on digital revenue. But the idea faces opposition from a large contingent of the EU.

Related

27 Oct 2021
European Competition Commissioner Margrethe Vestager told DW in an interview that legal action against the tech giant could be endless, but regulation now could limit its damage.
28 Oct 2021
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
30 Oct 2021
Billionaires only have to pay tax on appreciated assets when they sell them, but a new legislative proposal could change this. The tax revenues could then be used to fund President Joe Biden's social spending plans.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
30 Oct 2021
Warsaw has reacted with outrage to the European Court of Justice ruling to impose a daily fine of €1 million. Opposition lawmakers have accused the government of acting irresponsibly and wasting Polish taxpayers' money.
31 Oct 2021
The global minimum tax is supposed to bring tax justice. But not even half of Africa's countries are on board. Kenya and Nigeria have backed out amid uncertainty over how much the measures would benefit poor countries.
1 Nov 2021
Leaders of G20 nations endorsed a landmark deal to establish a global minimum tax rate. They were, however, at odds on issues like coronavirus vaccines and fighting climate change.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
3 Nov 2021
A British woman has won her case after she paid significantly higher taxes than Australian locals while employed as a waitress on a working holiday visa.
8 Nov 2021
With the US House of Representatives moving towards a vote on a $1.75 trillion social spending and climate package, the country could see a string of new tax hikes. Also, eco-friendly fashion designers hope to change a sector known for a heavy carbon footprint and enthusiasts of NFTs (non-fungible tokens) meet up in New York City.
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.
10 Nov 2021
A Moscow court ordered Google's parent company Alphabet Inc. to pay a new fine for not deleting content Russia considers illegal. The move comes as state officials seek to rein in tech giants.