France, Germany, Spain, Italy call for turnover tax for tech giants

 Several of the European Union’s major economies are calling for tax reform across the bloc that responds to where tech platforms generate revenue, not just where they book profit — arguing that the current system allows digital giants to minimize tax liabilities by using subsidiaries sited in low-tax countries such as Ireland. Read More

from Social – TechCrunch http://ift.tt/2ePjWmU
via IFTTT