European Commission Spokesperson in response to Trump Digital Tax threats, says EU and its member states have the sovereign right to regulate economic activities on their territory
SourceNewsquawk
SectionTrade
- Any taxes are non-discriminatory by design and apply equally to all large companies, regardless of their origin.
- EU will respond swiftly and decisively to defend rights and regulatory autonomy if unjustified unilateral measures are pursued
- EU ready to engage constructively to get global solution to the fair taxation of digital economy in line with G7 finance ministers conclusions.