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Austria proposes 5% sales tax on big online advertisers

2019-04-03 16:58:00| Telecompaper Headlines

(Telecompaper) Austria is the latest EU country to propose its own digital services tax, after the EU was unable to reach agreement on the measure. The tax is part of a package of measures presented by Finance Minister Hartwig Loeger aimed at closing loopholes and bringing in more tax from digital companies, with the combined measures expected to raise around EUR 200 million for the state.

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