TECH
EU plans digital tax despite US exiting negotiations | Appleinsider
TECH

EU plans digital tax despite US exiting negotiations | Appleinsider

Published: June 18, 2020  |  3 min read, 516 words
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 By6 hours ago  Despite the US leaving the negotiations, European Union officials say it will implement its own plans to tax digital services from Apple, Google, and more, unless a global deal is achieved this year. Having the European Union's aim of a global tax on digital services, the US has now withdrawn from negotiations. The EU says that it hopes a global agreement can still be achieved, but if not, it will implement the taxation plans of the Organization for Economic Co-operation and Development (OECD) anyway. "I very much regret the US's move to put the brakes on international talks... READ MORE
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