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EU to Review New Digital Tax Plan From France, Germany
Last month, the European Union announced the collapse of its plans to tax internet and tech giants like Alphabet Inc.’s (NASDAQ: GOOGL) Google and Facebook, Inc. (NASDAQ: FB). The alternative included specific national initiatives. Advancements within the negotiations are slated to be discussed this week, according to a new report.
Paris and Berlin are set to present a draft plan to enforce a 3 percent tax on revenues from ad sales in the entire digital economy, …
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