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European Commission to Propose Digital Levy Following October Meeting on Two-Pillar Solution

|Proposed Changes|European Union
European Union

European Commissioner for Budget and Administration Johannes Hahn has reportedly stated that the European Commission will be presenting a digital levy proposal regardless of the outcome of the meeting to be held in October 2021 to finalize the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. Commissioner Hahn confirmed the digital levy proposal during a 31 August meeting of the European Parliament's Committee on Budgets, which included discussi…

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