Print Magazine
Brussels Morning Newspaper
Thursday, August 18, 2022
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
No Result
View All Result
Home Europe

France stresses need to revise digital tax rules

Nikola Kiš by Nikola Kiš
14 September 2020
in Europe, Features
France stresses need to revise digital tax rules
Share on FacebookShare on Twitter

France’s Minister of the Economy and Finance Bruno Le Maire has urged the EU to push for a digital tax at the start of 2021 should attempts to find a global solution fail to succeed, Reuters  reported Friday. The Organisation for Economic Cooperation and Development (OECD) is to draft digital taxation rules next month.

The deadline for reaching an agreement is set for the end of the year. Le Maire indicated he would prefer that a solution be found through the OECD.

In a comment on the coronavirus crisis, Le Maire claimed that only the digital giants are profiting from the pandemic, all the more reason that the EU should have a digital tax solution prepared at the start of 2021 should the OECD fail to deliver an agreement.

German Finance Minister and Vice Chancellor Olaf Scholz noted that Germany will try to make an agreement on the global level a reality.

Irish Finance Minister Paschal Donohoe cited the long-standing disagreement on digital sector taxation between the EU and the US but expressed belief that a deal could be struck by the end of the year, according to an end August report by CNBC.

Talks at the OECD took a turn for the worse in June, when the US withdrew from negotiations and threatened to impose tariffs on countries that decide unilaterally to tax tech companies.

Responding to reporter, Donohoe dismissed rumours that the OECD talks would collapse as an exaggeration of what was a pause in negotiations. He was confident the talks would resume and an agreement would be reached at the start of 2021.

Some 140 countries are negotiating new digital tax rules at a time when many are finding it difficult to secure funding for measures aimed at helping their coronavirus crisis-stricken economies.  

SOURCE

Tweets by BrunoLeMaire
Tweets by OECD
Tweets by OlafScholz
Tweets by Paschald
Tags: digital taxEU

Latest post

Afghanistan: One year of agony

Afghanistan: One year of agony

3 days ago
EU burned areas reach new high due to wildfires

EU burned areas reach new high due to wildfires

3 days ago

Most Read

  • Losing Balance on Bosnia and Herzegovina

    Losing Balance on Bosnia and Herzegovina

    0 shares
    Share 0 Tweet 0
  • What Are The Highest Paying Jobs In Finland?

    0 shares
    Share 0 Tweet 0
  • Here Are 10 Highest Paying Jobs In Norway 

    0 shares
    Share 0 Tweet 0
  • What Are The Highest Paying Jobs In Luxembourg?

    0 shares
    Share 0 Tweet 0
  • These are the 10 highest paying jobs in the Europe in 2022

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Belgium News
  • Brussels
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • EU Institutions
    • Parliament
    • Commission
    • Council
  • Europe
  • World
  • Member States
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • The American Angle
    • Southeast Europe
  • Print Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT