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EU to Move Ahead with Digital Tax if Progress Not Made at Global Level

15 September 2020

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Proposed Changes

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European Union

The European Commission has published remarks by Executive Vice-President Valdis Dombrovskis at the informal ECOFIN press conference held 12 September 2020. Although brief, the remarks include the key point that the EU will move ahead with a digital tax proposal if progress is not made at the global level. Regarding tax fairness, the remarks include the following: --- TAX FAIRNESS As we discussed this morning, we also need to work on tax fairness. This is even more relevant now. Large digital companies may emerge more profitable from the crisis and with a larger market share, while traditional businesses are bearing...