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Wednesday, 13 March 2019 11:53

EU ABONDED ITS PLANS FOR DIGITAL TAX

Member states failed to reach an agreement. Ministers will now work towards reforming digital taxation on a global level — spearheaded by the OECD — by 2020. The move to be welcomed by tech giants such as Google and Facebook, which faced a proposed 3% levy. France, Italy, Spain plan to introduce taxes on a national level.

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