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Home › EU unveils plans for 3% tax on online services

 

EU unveils plans for 3% tax on online services

2018-03-21 13:13:00| Telecompaper Headlines

(Telecompaper) The European Commission has unveiled its proposals for increasing tax collected on digital services such as online advertising. As an "interim measure", large companies would pay a 3 percent levy on revenues generated from such services in the EU. In the longer term, EU members would be able to tax profits from the services if they exceed a certain threshold.

Tags: on online services plans

Category:Telecommunications

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