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Spain looking to raise EUR 2.1 bln by 2019 with new digital tax

Wednesday 2 May 2018 | 15:56 CET | News
Spain has announced its intention to introduce its own tax on digital companies with a view to funding state pensions. "The idea is to introduce it as soon as possible and for it to take effect from 2019 onwards," said economy minister Ramon Escolano at a news conference, according to Reuters. "From the perspective of fairness and social justice, it doesn't make sense that taxes should be levelled solely on the old economy," he added.

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Categories: Internet
Countries: Spain
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