EU scraps much hyped digital tax as member nations opposed plan

EU scraps much hyped digital tax as member nations opposed plan
Speaking in a public session of a meeting of EU finance ministers, Romania's Eugen Teodorovici said there was no agreement on the tax despite months of talks. Image Credit: Pixabay

European Union governments on Tuesday scrapped a plan to introduce an EU-wide digital tax as some states opposed it, the Romanian presidency of the EU said.

Speaking in a public session of a meeting of EU finance ministers, Romania's Eugen Teodorovici said there was no agreement on the tax despite months of talks. He said ministers would focus on trying to reach a common position for reform of digital taxation at a global level.

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