EU Commission postpones digital tax proposal

The US government’s insistence had an effect: The EU Commission is postponing its plans for a European digital tax until further notice. The authority’s main priority is to work on the global minimum tax for companies, to be completed by October within the framework of the OECD, a spokesman said. „Therefore, we have decided to put our work on a proposal for a digital tax as a new EU own resource on hold during this period.“ He added that the situation will be reassessed in the fall.