Values4Europe: Forget the Financial Transaction Tax (FTT), beware of the (DTT)
The recent criticism against large US internet group have given the EU Commission new inspiration on how to raise taxes on transactions in the union. In a new consultation from the Commission, ”Fair taxation of the digital economy”, one proposal is to introduce a Digital transaction tax: a tax that applies early in the value creation process (collection of personal and other data). The consultation is completely focused against digital business.
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