Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday January 20, 2015

EU Considers Taxing U.S. Internet Companies

Can't compete with foreign tech companies? Are you located in Europe? Good news! Help is on the way. roll eyes (sarcastic)

Europe is currently a "loser" in the information-technology sector but that the situation could be reversed with investment and by creating a level playing field for all digital companies. He stressed the importance of maintaining the region's edge in the automotive sector, which looks set to be disrupted by Internet companies. "Taxing is an option but not the decided solution," Mr. Oettinger said of the EU's plan for a digital single market.