Brussels-The European Union has postponed the proposed digital taxation, an EU spokesman stated Monday.
The EU faces sturdy US stress to postpone the announcement till an settlement is reached between the G20 nations.
The EU has “determined to withhold our work on digital taxation proposals” till October, a spokesman stated.
Treasury Secretary Janet Yellen is in Brussels at this time and tomorrow to debate tax agreements and lobbying towards the proposed EU taxation, which has been criticized for being inconsistent with the G20 settlement.
Write to Dan Michaels at [email protected]
EU delays digital tax proposals in G20 plan
Source link EU delays digital tax proposals in G20 plan