BELGIUM-EU-ECONOMY-TECHNOLOGY-TAX
European Commssioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici addresses a press conference at the European Union in Brussels on March 21, 2018.
The EU unveiled proposals for a digital tax that targets US tech giants today, bringing yet more problems to Facebook after revelations over misused data of 50 million users shocked the world. "Our pre-Internet rules do not allow our member states to tax digital companies operating in Europe when they have little or no physical presence here," EU Economics Affairs Commissioner Pierre Moscovici said as he explained the proposals.
/ AFP PHOTO / EMMANUEL DUNAND (Photo credit should read EMMANUEL DUNAND/AFP via Getty Images)
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