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Austria makes plans to tax digital giants

Published 12/29/2018, 01:12 PM
© Reuters.  Austria makes plans to tax digital giants
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  • Having failed to broker a deal on a digital tax during its EU presidency, Austria said it plans to introduce its own levy on tech companies including Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN) while the bloc works out its plan.
  • Austria's six-month tenure of the rotating presidency ends Tuesday, when the role will pass to Romania.
  • France has also announced plans to tax tech giants at a national level from 2019 if EU states cannot reach an agreement.
  • Now read: Retail Was Nice, Amazon Was Nicer


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