ECOFIN discusses a new French-German proposal for an EU digital services tax and adopts further items on the work of the Code of Conduct.
As their EU Presidency drew to a close, Austria again pressed for an agreement on one of their key priorities: an EU wide digital services tax (DST). However, despite both a compromise text tabled by the Austrians and a last minute proposal presented by France and Germany that would limit the scope of the tax to revenues for advertisement only, the discussions failed to reach an agreement. Also at the same Economic and Financial Affairs Council of the EU (ECOFIN) meeting, the group approved, without discussions, amendments to the EU ‘grey list’ of uncooperative jurisdictions for tax purposes and welcomed the progress achieved by the Code of Conduct Group during the Austrian Presidency.
Please click here for further details on both the ECOFIN discussion on the DST and the further items on the work of the Code of Conduct.
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