EU Lawmakers Back Plan for Bloc-Wide Digital Tax By Year’s End

Logo: Bloomberg Law

By Stephen Gardner

The European Union should have a bloc-wide digital tax ready to go by the end of 2021, European Parliament lawmakers said in a resolution adopted Thursday. The EU tax should move forward regardless of what happens in the OECD’s global negotiations on taxing revenues from digital business, the resolution said. The parliament voted 549 to 70, with 75 abstentions, for the resolution. 

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By Stephen Gardner, posted on Thursday April 29, 2021

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