VAT news tagged as "Equalisation Tax"

Europe

EU digital turnover tax a VAT in disguise?

September 10th, 2017

European Union finance minister will this week review a proposal to tax US digital groups’ revenues based on location of their consumers.  However, such a turnover tax may transgress EU VAT rules and international treaties. UPDATED 17 Sept: 10 EU member states have signed up their commitment to proceed with negotiations around the proposed tax. …