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Last Updated : GMT 06:49:16
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Google and Facebook

EU puts brakes on Macron's Google tax push

Arab Today, arab today EU puts brakes on Macron's Google tax push298730/85
Brussels - AFP
Several EU nations handed French President Emmanuel Macron a setback on Friday, as leaders said Europe should not go it alone on a new tax on US tech giants. France has a led a major push to increase taxes in the European Union on mega tech firms such as Google and Facebook, which are accused of booking huge profits whileRead more

EU to propose Google, Facebook tax in 2018

Arab Today, arab today EU to propose Google, Facebook tax in 2018292703/90
Tallinn - AFP
The EU will propose a new tax on tech giants such as Google and Facebook next year despite opposition by several states that fear a blow to their economies, European Commission chief Jean-Claude Juncker said Friday. Championed by French President Emmanuel Macron, the new tax on digital multinationals will target revenue generated in an EU country, instead of on profits that areRead more

EU ministers make push for Google, Facebook tax

Arab Today, arab today EU ministers make push for Google, Facebook tax289003/85
Tallinn - AFP
Google and Facebook may face higher tax bills in Europe as the EU rushed Saturday to change rules so that more of Silicon Valley's mega profits fall into public coffers. Public anger against the billions of euros earned by online behemoths is growing louder in Europe and EU finance ministers meeting in Estonia pledged to make sure the companies payRead more

EU demands changes from social media companies

Arab Today, arab today EU demands changes from social media companies252641/196
Brussels - Arab Today
Social media companies Facebook Inc., Alphabet Inc. and Twitter Inc. will have to amend their terms of service for European users within a month or face the risk of fines, a European Commission (EC) official said on Friday. US technology companies have faced tight scrutiny in Europe for the way they do business, from privacy to how quickly they removeRead more

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