digital tax
EU tech regulator backs UK plans for digital tax, despite Trump threats
The European Union's leading tech regulator has thrown her weight behind the British government's plans to press ahead with a digital tax despite threats from Donald Trump. Margrethe Vestager, the EU competition commissioner recently promoted to take charge of Europe's digital policy as well, said she was a "strong supporter" of national digital taxes in order to advance the chances of an international agreement. She said the EU would revive plans for a digital tax within a year if international efforts to find a solution failed. "I think it is very important that we keep up the momentum. Because of this very fundamental injustice that most people and businesses pay their taxes and they are competing with businesses who create value but do not pay taxes," she said in an interview with the Guardian and other European newspapers.
- Europe > United Kingdom (0.36)
- Europe > France (0.33)
- Europe > Germany (0.06)
- (3 more...)
Why digital tax?
Digital has changed the world as we know it, beginning with the consumer, then working its way to business operations and government administration. The way the world operates will never be the same. Big data and data analytics, robotics, process automation and enterprise information systems both disrupt traditional business and operating models and create such opportunities as process improvement, supply chain re-alignment and full-scale enterprise-wide transformation. We're at the juncture of digital, innovation and technology the inflection point where companies need a wider range of new support, and EY is ready to help. Whether in the corporate context or for professional services providers, Tax has seen more change in the last five years than in the past fifty, with even more and even faster change on the way.
- Information Technology > Data Science (0.59)
- Information Technology > Artificial Intelligence > Robots (0.59)