European countries are split over whether online companies such as Google, Facebook and Amazon should pay more tax.
BRUSSELS: European Union leaders said on Thursday they looked forward to seeing proposals on taxing online giants by early 2018 but in a nod to concerns from countries like Ireland said EU efforts had to be in line with work under way at a global level.
European countries are split over whether online companies such as Google, Facebook and Amazon should pay more tax, with smaller EU members such as Ireland and Luxembourg – which host many online businesses – worried that taxes would hurt their competitiveness without a global solution.
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