, and the U.K. also plans to levy a 2% tax on the revenues of search engines, social media platforms and online marketplaces that derive value from U.K. users. Italy announced a similar 3% tax on internet transactions too.The OECD has intervened to try and find a global solution and there are signs of ceasefire with France already agreeing to delay the imposition of its own digital tax.
"In exchange of this postponement … the U.S. accepts to suspend the sanctions against France," Le Maire said. "It is a proportionate tax, and a tax that is deliberately designed as a temporary tax," Javid said before adding, "It will fall away when there is an international agreement."European countries have long said it's unfair how tech giants make huge profits from consumers within their countries, but pay little taxes in comparison. Digital taxes could raise millions of pounds and euros for European countries.
I was just called weak
You wanna sit back, Mr.Trump! Your head is kinda blocking everybody out !
sup
get this clown off of our continent WEF20
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