Virus Fails to Halt the Advance of Unilateral Digital Taxes (1)

April 28, 2020, 1:48 PM UTCUpdated: April 28, 2020, 8:49 PM UTC

A global pandemic and parliamentary closures haven’t stopped efforts by European countries to impose digital services taxes on large tech companies such as Facebook Inc. and Google.

After a month-long hiatus, U.K. lawmakers on Monday moved the country’s digital services tax one step closer to becoming law, with all the major parties in Parliament approving the measure’s passage.

Similar efforts are underway in the Czech Republic, Spain, Poland, and several other European countries. The effort is driven by concerns that multinationals, especially tech giants, aren’t paying taxes in the countries where they have customers and users.

The unilateral measures could ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.