Monday , September 21 2020

GAFAs escape EU tax

On the family photo celebrating the 20th anniversary of the Eurogroup, Bruno Le Maire tries to look good, but he knows he lost. To tax the digital giants by 3% of their turnover, the French Minister of the Economy needed a unanimous European agreement. It has been denied by Ireland, the Nordic countries and a polite refusal of the Germans who want a wider agreement. An international solution could be found at the end of the OECD's work in 2020. It is urgent to wait.

For Paris, the European Union must not give up. “Meanwhile, the EU must pave the way“, says the Minister of Economy and Finance Bruno Le Maire at the microphone of France 3. Behind the issue of GAFA taxation, the central issue is that of the assertion of true European sovereignty.

The JT

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