We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Feature

EU Study's Author Doubts Digital Transactions Undertaxed

Law360 (March 6, 2018, 6:40 PM EST) -- The European Commission says the digital sector doesn’t pay its fair tax share, claiming academic research shows the need for a new European Union web levy — but the author of the research told Law360 Tuesday the digital sector is not, in fact, undertaxed.

The European Union’s executive arm spearheaded its call last September for “fair and efficient taxation” of digital companies by claiming they faced a tax rate of just 9 percent, compared with 21 percent for “traditional” business.

These figures demonstrate a “distortion which...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.