Global Taxation for the Digital Age
The European Commission’s proposal to create an EU digital services tax is aimed mainly at multinational tech giants. But should the tax take effect, it will be Europe’s own startups and digital ecosystems that pay the highest price.
AMSTERDAM – The question of how to tax increasingly globalized and digitized businesses is vital to the future health of cross-border trade and investment. Sadly, the current debate is mired in confusion and complexity, and is not helped by populist political responses that demonize digital businesses.