EU unveils new tax plans that could hit US tech giants
BRUSSELS (AP) " The European Union on Wednesday unveiled new plans to make big tech companies pay more taxes in a move that would, if endorsed, hit online U.S. firms like Google and Facebook.Insisting that digital companies must pay their fair share, the European Commission said that EU member countries should be able to tax firms that make profits on their territory even if they aren't physically present.It would concern any country where a firm's annual revenue exceeds 7 [...]
EmoticonEmoticon