EU Business Leaders Push to Extend Freeze on Digital Taxes

Several EU technology companies wrote to finance ministers across Europe on Monday to extend an international agreement to stop digital services taxes beyond Dec. 31.

C-suite executives at Spotify Technology, Zalando, and 13 other companies said in their letter that extending the agreement would prevent the implementation of new DSTs and allow governments time to complete their negotiations, domestic discussions, ratification and implementation processes on Pillar One, a set of rules to reallocate national taxing rights over large companies.

Pillar One is an alternative international solution to a range of national DSTs, which the executives want to avoid ...