Digital taxation brings about a new era
To cover the economic and social damage caused by the coronavirus epidemic, the EU is reforming its budget, one of the key elements of which is the taxation of digital business models. However, Washington foresaw that any EU action taken in the absence of any consensus agreement would lead to severe trade repercussions.
Div>
The European Commission has recently proposed a reform or supplement to the EU budget to cover the economic and social damage caused by the coronavirus epidemic. As part of this, the committee would, among other things, set up a new crisis management fund (‘Next Generation EU’) to supplement the EU budget for the next seven-year planning period, which is proposed to spend around € 750 billion on ‘reconstruction’ in Europe. In addition to the traditional sources of the EU budget (Member States’ contributions, customs revenues, etc.), the committee would finance the new fund by creating the possibility of additional new revenues.
Related news
Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >The prices of household and hygiene products can also be tracked in the Price Watch
The online Price Monitoring System operated by the Hungarian Competition…
Read more >Loading, Please Wait!
This may take a second or two.