EU's digital tax plan bad idea, will trigger U.S. retaliation: Denmark


Devdiscourse News Desk | Updated: 06-11-2018 14:43 IST | Created: 06-11-2018 13:27 IST
EU's digital tax plan bad idea, will trigger U.S. retaliation: Denmark
  • Country:
  • Denmark

Denmark's Finance Minister Kristian Jensen said on Tuesday a European Union plan to impose a 3 per cent tax on the turnover of digital giants was a bad idea that would trigger retaliation from the United States.

"Of course there will be a reaction from the U.S.," Jensen told reporters on the sidelines of a meeting of EU finance ministers which will discuss the issue. 

(With inputs from agencies.)

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