12 September 2018

ECOFIN discusses the Commission's proposals for taxation of digitalized activity

The informal meeting of the Economic and Financial Affairs Council (ECOFIN or the Council) took place in Vienna, Austria on September 7-8. During the second day of the meeting, part of the agenda was the taxation of the digital economy, based on the proposals of the European Commission from March 2018. The finance and economic affairs Ministers of the European Union (EU) Member States discussed the short term solution of a temporary tax on digital turnover and a long term solution involving the introduction of new rules for corporation tax.

A Global Tax Alert, attached below, provides additional detail.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1792