The EU’s Member States have failed to agree on the introduction of a tax on revenues from digital services. But pressure from the European Commission, European Parliament and EU citizens indicate that this is not an issue that is going to disappear any time soon.
While discussions continue on the European Commission’s proposals for a harmonised Digital Services Tax, a number of different approaches to taxing online service providers and platforms is emerging across Europe. With the UK the latest EU country to consider going it alone, we look at who is proposing what when it comes to digital services taxes.
Last week the European Commission presented its latest Work Programme, which laid out its main priorities for 2019. A number of significant regulatory issues for the tech sector still need to be finalised before May 2019’s European elections. These include all remaining Digital Single Market (DSM) initiatives and several other legislative initiatives that fall outside of the DSM umbrella.
Yesterday the UK Government's panel conducting a review of competition in digital markets met for the first time at the Treasury in London. The terms of reference, which were published to accompany the meeting, provide initial questions that illustrate the breadth of this review and why the tech sector needs to take it seriously.
In the latest drama of EU pushback against ruling US technology companies, the European Commission has finally revealed the most recent findings of its investigation into the business practices of Google, handing down a staggering €4.3bn fine.
The world’s youngest leader, Austrian Chancellor Sebastian Kurz, will take the helm of the Council of the EU in July and the headlines will be dominated by his plans to toughen EU immigration policy. Behind the scenes Austria’s Digital Minister, Margarete Schramböck, will be pushing ahead towards agreement on the Commission’s package of proposals in the digital sector.
Price Comparison Websites (PCWs) are popular tools amongst tech-savvy consumers, especially in the consumer goods, energy and financial sectors. The key to their attractiveness is that they allow consumers to quickly search for and compare the best deals in the market. PCWs usually operate on either a flat-fee, or a commission-based model and attract new customers via online and offline advertising. Some of the biggest players have become very profitable, thus attracting new companies to enter the market.