EU proposes online turnover tax for tech giants

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EU proposes online turnover tax for tech giants
EU economics commissioner Pierre Moscovici.

But faces opposition from big member countries.

The European Commission has proposed rules to make digital companies pay more tax, with US tech giants such as Google, Facebook and Amazon set to foot a large chunk of any bill. However, many EU leaders, who will debate the issue of how to claw taxes from the elusive new digital economy at a ...

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