EU puts digital tax plans on hold after G20 ministers back international reform

Monday 12 July 2021 | 14:45 CET | News
The European Commission is putting on hold its plans to implement a new digital tax in the EU, a Commission spokesperson told reporters in Brussels. This follows the G20 countries' finance ministers this past week endorsing the OECD-led agreement to develop a new global minimum tax rate and new ways to share tax income from multinationals operating online. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Countries: Europe
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


UK govt to consult on possible introduction of online sales tax

Published 03 Nov 2021 10:52 CET | United Kingdom
The UK government plans to consult on the introduction of an online sales tax shortly, which would raise revenue to fund business ...

G20 leaders endorse multinational tax rules, plan implementation by 2023

Published 01 Nov 2021 09:21 CET | World
Leaders of the G20, the 20 largest economies in the world, have endorsed the OECD-led plan to implement new taxation rules for ...

US agrees deal with European states to withdraw digital taxes

Published 22 Oct 2021 09:44 CET | Europe
The US government announced an agreement with European states for the latter to withdraw their digital service taxes. The taxes ...

EU, US agree new cooperation on tech issues in first bilateral council meeting

Published 30 Sep 2021 09:57 CET | Europe
The EU and US have held the first meeting of their joint Trade and Technology Council in Pittsburgh. They agreed to work together ...

G7 data, privacy regulators agree to enhanced cooperation

Published 12 Sep 2021 14:45 CET | World
The G7 data protection and privacy authorities have agreed on a communique outlining their commitment to cooperation in specific ...

Telecom industry calls for exclusion from new multinational tax rules

Published 18 Aug 2021 16:23 CET | World
The GSMA and European telecom operators group ETNO have called for telecom operators to be excluded from the new international ...

EU zet digitale belastingplannen in de wacht nadat G20-ministers internationale hervormingen steunen

Published 13 Jul 2021 08:20 CET | Europe
De Europese Commissie stelt haar plannen om een nieuwe digitale belasting in de EU in te voeren uit, zegt een woordvoerder van de ...

G7 reaches agreement on minimum tax for internet multinationals

Published 07 Jun 2021 09:24 CET | World
The G7 group of the richest nations in the world has reached a preliminary agreement on implementing a minimum tax rate for large ...

US announces trade sanctions against 6 countries over digital service taxes

Published 03 Jun 2021 08:35 CET | Austria
The US has announced plans to impose trade tariffs against goods from Austria, India, Italy, Spain, Turkey and the UK in response ...

US considers sanctions against UK, Spain, Italy, Austria for digital service taxes

Published 29 Mar 2021 09:23 CET | United States
The US government is moving ahead with possible trade sanctions against Austria, India, Italy, Spain, Turkey and the UK in ...

Tech industry groups call on world leaders to complete internet tax reform

Published 10 Feb 2021 10:51 CET | World
Technology sector organisations have called on world leaders to complete negotiations on reforming the international tax system ...

EU pushes ahead with digital tax plans

Published 20 Jan 2021 10:44 CET | Europe
The EU is moving ahead with plans to develop a new digital tax. The European Commission opened a public consultation to gather ...

France to resume collection of digital service tax amid threat of US sanctions

Published 26 Nov 2020 14:50 CET | France
French tax authorities have started demanding payment of instalments due for the current year under the digital service tax ...

OECD pushes back deadline for new digital tax rules to mid-2021 as talks falter

Published 13 Oct 2020 08:54 CET | World
A new international agreement on taxing large internet companies has been delayed until mid-2021, the OECD announced. The ...