Prosperamo I Bloomberg TV Interview with expert comment of Att. Polina Terziyska on the proposed European ‘tech tax’.
Policymakers across Europe are developing rules that would force tech companies to pay taxes on revenue generated in the region, rather than on profits. Tech companies are lobbying hard against the changes.
The levy would apply to companies with annual global revenue of at least €750 million ($851 million) and online sales of €50 million ($56.8 million) in the European Union. Google, Amazon (AMZN), Facebook (FB) and Apple (APPL) would be top targets
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