Reuters
Published Dec 04, 2018 05:23AM ET
EU's Moscovici urges digital tax deal in March
BRUSSELS (Reuters) - The European Union commissioner in charge of taxation urged on Tuesday EU countries to reach a deal on a common tax on digital revenues of large companies in March.
After several attempts for a compromise failed in past months, Pierre Moscovici said at a meeting of EU finance ministers that there was still room for a compromise, along the lines of a new proposal made by France and Germany which postpones the application of the new tax and reduces its scope.
He added however that the Commission could not make a new legislative proposal, as requested by Paris and Berlin.
Written By: Reuters
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