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European disunity on digital taxes once again lets Big Tech walk away unscathed
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EU lawmakers said there was a need for a systematic approach.
PHOTO: AFP
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BERLIN - For years, the European Union has been trying to make digital companies pay more taxes on their revenues - but mostly in vain. The latest defeat was a ruling of the EU General Court last week that overturned the European Commission's finding that Luxembourg granted €250 million (S$401 million) in illegal tax benefits to Amazon.
The American e-commerce company now walks away reassured that the EU has no legal mechanism to take action against big multinational digital companies. Critics, however, are furious.
