BRUSSELS: Some European Union members are resisting EU plans to raise the tax bill of tech multinationals, EU draft documents seen by Reuters show, in moves that are likely to cause a public outcry after several disclosures of corporate tax avoidance schemes.
EU finance ministers are expected to seal a preliminary deal on EU digital taxes when they meet on Dec 6, after pressure from large states that accuse firms like Amazon, Google, Apple and Facebook of slashing their tax bills by rerouting their EU profits to low-tax countries such as Luxembourg and Ireland.