TechFinancial Times1h ago
EU Commissioner Wopke Hoekstra rebuffs calls for an EU-wide digital
EU Commissioner Wopke Hoekstra rebuffs calls for an EU-wide digital services tax until "all possibilities" for taxation at the global level are exhausted
TL;DREU won't pursue its own digital tax yet, wants to exhaust global options first.
Why it matters: Delays EU action on taxing tech giants, affecting revenue and competitive pressure on US firms.
EU Commissioner Wopke Hoekstra rebuffs calls for an EU-wide digital services tax until “all possibilities” for taxation at the global level are exhausted — Global efforts towards tech levy must be exhausted first, says European commissioner Wopke Hoekstra
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