Belgium Mulls Plan to Tax Digital Companies

Jan. 17, 2019, 1:41 PM

Belgium has become the latest European country after France, Austria and Italy, to begin discussions on taxing digital companies like Facebook Inc. Alphabet Inc.'s Google and Amazon Inc.

Belgian lawmaker Vanessa Matz told Bloomberg Tax she will submit two draft bills to the lower house of the Belgian parliament Jan. 17., aimed at levying new taxes on the revenue of the multinational tech corporations.

Matz, a lawmaker for the French-speaking Christian Democrats (cdH), told Bloomberg Tax Jan. 17 that she drafted the proposals following the failure of European member states to make progress on a EU-wide digital tax proposal...

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