EU Finance Ministers Fail To Agree On Revised Digital Tax
Law360, Brussels (March 12, 2019, 2:25 PM EDT) -- European Union finance ministers failed Tuesday to give the required unanimous agreement to a scaled-down version of the digital services tax, effectively shifting the focus of debate to finding an international deal.
Pierre Moscovici, the European Union’s tax commissioner, said at the finance ministers’ meeting Tuesday that failure to agree on a digital services tax “would run the risk of showing ourselves as being incapable of reforming.” (AP) In a webcast discussion during a regular meeting in Brussels, some ministers lamented a lost opportunity for Europe to show unity, while others said they couldn’t accept an arrangement they saw as...
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