No tags yet.
A race to the top: Digital tax and trade wars
President Donald Trump (L) and French President Emmanuel Macron (R) Source: AA 26/07/2019 France became the first country in the EU to adopt a 3% tax in July of 2019 on digital services. Italy followed suit with a similar tax, effective 2020. According to Tax Foundation, Austria, Belgium, the Czech Republic, Poland (suspended for the moment), Slovenia, Spain, Turkey, and the United Kingdom have all either announced or published a proposal to introduce a digital services tax.