OrbitaxOrbitax

EU Council Presidency Looking for Agreement on Digital Tax by Year-End

|Proposed Changes|European Union
European Union

According to a release published by the Austrian Presidency of the EU Council, there is a desire to implement a digital service tax based on the European Commission proposal as soon as possible, and that an agreement could be reached by the end of the year. The release follows informal meetings held 7 to 8 September.

The following is the text of the release concerning the tax, which, as proposed, would be a temporary tax levied at a rate of 3% on revenue from digital activities.

---

Comm…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.