No Plans for EU-Wide Digital Services Tax, Commissioner Says

The EU has no plans to introduce a bloc-wide digital services tax, the European Justice commissioner said.

“It is our view the global corporate tax landscape is best addressed through multilateralism,” Michael McGrath, commissioner for Democracy, Justice, the Rule of Law and Consumer Protection, told Bloomberg News Thursday.

Several European countries—including France, Italy, and Spain—have implemented their own digital services taxes. DSTs are a tax on users in specified countries and work by placing a levy on a percentage of the revenue of large tech companies.

US President Donald Trump claims the tax discriminates against the country’s ...