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EU tax plan for U.S. tech giants

Published 03/21/2018, 06:37 AM
© Reuters.  EU tax plan for U.S. tech giants
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  • The European Commission is set to unveil proposals today for a digital tax on U.S. tech giants that could further embitter the trade row pitting the EU against President Trump.
  • The tax, expected to be about 3% of sales on companies with worldwide annual turnover above €750M, would come alongside a tightening of rules on data privacy.
  • Previously: Transatlantic trade rift is widening (Mar. 17 2018)
  • Related tickers: AAPL, AMZN, FB, GOOG, GOOGL, TWTR, AIRB, UBER
  • Now read: Amazon First Look: Pristine Across The Board


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