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BRUSSELS (Reuters) -Amazon won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg in a blow to competition chief Margrethe Vestager's crusade against preferential deals.
An international debate over how countries tax big US technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for new President Joe Biden’s administration.
A painting of a woman using an iPad, a vase depicting children dreaming of computers – both historical objects with a contemporary twist highlighting the world’s growing digital divide during the coronavirus pandemic.
The European Union should push ahead with its own digital tax in the first quarter of 2021 if broader efforts to find an international solution do not bring a breakthrough this year, the French finance minister said on Sept 11.
France accused the United States on Sept 9 of seeking to undermine international talks to update cross-border taxation for the digital age and urged Europe to prepare an EU tax if the negotiations fail.
Alphabet Inc's Google supports a multilateral solution for taxing digital services that is under discussion by the Organisation for Economic Cooperation and Development.
France will apply taxes on digital services this year whether the United States returns to negotiations on the issue or not, Finance Minister Bruno Le Maire said on June 18.
Indonesia will require big Internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, a tax official said on Friday.
France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy.
When Indonesia looked for new ways to fund government spending on coronavirus relief last month, the world’s fourth most-populous nation homed in on a driver of the economy that was still healthy: the Internet.