digital tax

  • As the EU backtracks on digital tax, V4 countries seek their own way to tax the tech giants

    V4 ministers consider digitalisation one of the most significant development of the economy since the industrial revolution. [Pixabay]

    European union Member states have scrapped a Commission's plan to establish a system to tax internet giants like Google or Facebook. In a bid to break a deadlock, EU executive arm have called for a move to a qualified majority voting on tax issues. The V4 countries, however, clearly reject to kill national vetoes on tax policy. Their governments are now likely to bring in their own national digital tax laws.

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