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Moscovici urge EU nations for digital tax deal in March


Devdiscourse News Desk brussels
Updated: 04-12-2018 16:20 IST
Moscovici urge EU nations for digital tax deal in March

He added however that the Commission could not make a new legislative proposal, as requested by Paris and Berlin. (Image Credit: Twitter)

The European Union commissioner in charge of taxation urged on Tuesday EU countries to reach a deal on a common tax on digital revenues of large companies in March.

After several attempts for a compromise failed in past months, Pierre Moscovici said at a meeting of EU finance ministers that there was still room for a compromise, along with the lines of a new proposal made by France and Germany which postpones the application of the new tax and reduces its scope.

He added however that the Commission could not make a new legislative proposal, as requested by Paris and Berlin.

(With inputs from agencies.)


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