Tech firms would pay wherever they have digital presence,regardless of staff locationAmazon, Google and Facebook could be made to pay a “just share of tax under modern European Union proposals on digital companies that could heighten transatlantic tensions.
The European commission called for large technology companies to pay a 3% tax whether they make money from user data or digital advertising in a country, or regardless of their bricks-and-mortar presence. As well as social media companies making money through user data,the move would also catch online market places, such as Airbnb and Uber.
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Source: theguardian.com