4 ms·
Because, according to Reuters, who claims to have seen the draft, it's targeting companies with EU digital revenues in excess of some large amount. After you ge
by kolbe 9y ago
Because, according to Reuters, who claims to have seen the draft, it's targeting companies with EU digital revenues in excess of some large amount. After you get above Spotify's digital revenue, the only companies left are American (and Spotify looks like it's exempted).
https://www.reuters.com/article/us-eu-tax-digital/eu-plans-new-tax-for-tech-giants-up-to-5-percent-of-gross-revenues-idUSKCN1GA25R https://www.reuters.com/article/us-eu-tax-digital/eu-plans-n...