[ Director: Mário Frota [ Coordenador Editorial: José Carlos Fernandes Pereira [ Fundado em 30-11-1999 [ Edição III [ Ano X

quinta-feira, 21 de setembro de 2017

Commission ponders a tax on online sales


Thursday, 21 September 2017
DIGITAL WEEKLY

A new withholding tax on online sales would hit online business of retailers, the fastest growing division over the last years.
[Pexels]
These ideas will add to the proposal championed by France – and supported at the informal Ecofin Council last weekend by ten member states – to introduce an equalisation tax on the turnover of Internet giants.
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 EU agrees to draft proposal to raise taxes on internet giants



A majority of member states agreed to start preparing a new levy on digital companies to compensate for low-tax regimes that cost billions of euros to European governments.

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Apart from the equalization tax, the Commission gave no details about the other two alternatives.

Commission Vice-President Valdis Dombrovskis will present a communication on “A fair and efficient tax system in the EU for the Digital Single Market” on Thursday.

“Further work is needed on the detailed approach to find a workable solution for the single market and the global economy as a whole,” the Commission wrote.

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