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Towards a fair taxation of the Digital Economy?

Sep 21, 2017 | News

(21 September 2017) – The European Commission is today launching a new EU agenda to ensure that the digital economy is taxed in a “fair and growth-friendly way”.

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Today’s Communication paves the way for a legislative proposal on EU rules for the taxation of profits in the digital economy.

The tax rules in place today were designed for the traditional economy and cannot capture activities which are increasingly based on intangible assets and data.

As a result, the effective tax rate of digital companies in the EU is estimated to be half that of traditional companies – and often much less.

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