#Latest news with #DigitalTaxBloomberg3 days agoBusinessBloombergGerman Minister Eyes New Digital Tax as US Prepares PushbackA junior member of German Chancellor Friedrich Merz's cabinet proposed a new tax on internet platforms like Alphabet Inc. 's Google and Meta Platforms Inc. 's Facebook, a move that could stoke further trade tensions with the US. Culture Minister Wolfram Weimer said in an interview with Stern magazine that digital services are on his 'agenda' and he sees a tax of 10% as 'moderate and legitimate,' adding that his ministry is drafting legislation.
Bloomberg3 days agoBusinessBloombergGerman Minister Eyes New Digital Tax as US Prepares PushbackA junior member of German Chancellor Friedrich Merz's cabinet proposed a new tax on internet platforms like Alphabet Inc. 's Google and Meta Platforms Inc. 's Facebook, a move that could stoke further trade tensions with the US. Culture Minister Wolfram Weimer said in an interview with Stern magazine that digital services are on his 'agenda' and he sees a tax of 10% as 'moderate and legitimate,' adding that his ministry is drafting legislation.
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