The European Union is considering putting a 3% tax on digital revenue, potentially hitting the likes of US technology firms Apple, Facebook, Alphabet, Amazon, Netflix and Uber. However, the large European countries such as France and Germany could go ahead on their own, amounting to largely the same policy. A new report from the Organisation for Economic Co-operation and Development (OECD) suggests that such an approach could raise €3bn (£2.1bn) in revenue per year by 2030, but would hit
The European Union is considering putting a 3% tax on digital revenue, potentially hitting the likes of US technology firms Apple, Facebook, Alphabet, Amazon, Netflix and Uber. A new report from the Organisation for Economic Co-operation and Development (OECD) suggests that such an approach could raise €3bn (£2.1bn) in revenue per year by 2030, but would hit