Sunday, December 9, 2018

New EU digital tax to let most US giants off the hook

US tech giants AirBnB, Amazon, Apple, and Swedish company Spotify look set to get off the hook on new EU taxes, but Facebook and Google are still in the crosshairs.
That was the net result of EU talks so far on a new "digital tax" designed to stop global firms from paying next to nothing in Europe via accountancy tricks, even though they generate billions of euros in profits there.

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