EU’s Vestager Says One EU Digital Tax Might Be Easier for Firms

Technology firms may find it easier to deal with one European digital tax instead of several across the region, Margrethe Vestager, the EU’s antitrust and tech chief, said on Bloomberg TV.

• Co.s find it “tricky if each member state makes their own system”
• “Maybe it’s just easier to say that’s how it’s done in Europe, one-stop, here you go, this is the taxes you have to pay”
• NOTE: Vestager has promised to draft EU-wide digital tax if global talks on corporate taxation fail
• NOTE: France and Spain are introducing their own digital taxes
• SEE: Spain Plans Tax on Jumbo Tech ...