Article 4YB4V EU tech regulator backs UK plans for digital tax, despite Trump threats

EU tech regulator backs UK plans for digital tax, despite Trump threats

by
Jennifer Rankin in Brussels
from Technology | The Guardian on (#4YB4V)

Margrethe Vestager says EU will also tax tech firms who 'create value but do not pay taxes'

The European Union's leading tech regulator has thrown her weight behind the British government's plans to press ahead with a digital tax despite threats from Donald Trump.

Margrethe Vestager, the EU competition commissioner recently promoted to take charge of Europe's digital policy as well, said she was a "strong supporter" of national digital taxes in order to advance the chances of an international agreement. She said the EU would revive plans for a digital tax within a year if international efforts to find a solution failed.

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