On 1 June 2018, a joint statement was issued from the Finance Ministers of Denmark, Finland, and Sweden on the need for international consensus in respect of the approach to taxing the digital economy instead of the proposals put forward by the European Commission. The statement notes that these proposals for taxing the digital economy are mainly about changing the current rules for allocating taxable income between countries, for the digital economy, rather than fighting tax avoidance, and that this would deviate from internationally established principles. Further, such a unilateral approach would be difficult to enforce, would entail a substantial...