European tech leaders warn against EU digital services tax

European tech leaders warn against EU digital services tax

6 years ago
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https://apnews.com/8956c7ec550d439d9e5731d4d17f1ae0

THE HAGUE, Netherlands (AP) — A group of technology company chiefs is warning that a digital services tax proposed by the European Commission would hinder innovation and economic growth.

In a letter to EU finance ministers, the leaders of 16 tech companies including Spotify, Booking.com and Zalando say the effect of the proposed tax "would be to undermine the EU's stated goal of a Digital Single Market and to harm the very businesses that are the catalysts for economic growth and employment in the European economy."

European tech leaders warn against EU digital services tax

Oct 30, 2018, 3:01pm UTC
https://apnews.com/8956c7ec550d439d9e5731d4d17f1ae0 > THE HAGUE, Netherlands (AP) — A group of technology company chiefs is warning that a digital services tax proposed by the European Commission would hinder innovation and economic growth. > In a letter to EU finance ministers, the leaders of 16 tech companies including Spotify, Booking.com and Zalando say the effect of the proposed tax "would be to undermine the EU's stated goal of a Digital Single Market and to harm the very businesses that are the catalysts for economic growth and employment in the European economy."