Reform of Digital Taxation and the EU Digital Levy

by name voted on 28.04.2021

Summary

A report calling for a reform of international tax rules to ensure digital giants pay their fair share and proposing an EU digital levy as a new source of income.

9 28.04.2021

Other

economy

taxation

european union

administrative reform

public administration

international relations

business and competition

simplification of legislation

public finance and budget policy

information technology and data processing

Key points

The current international tax system is outdated because it relies on a company's physical presence to determine taxing rights.
Digital companies often pay much lower effective tax rates (around 9.5%) compared to traditional businesses (around 23.2%).
The European Parliament supports the OECD/G20 two-pillar approach to create a global consensus on digital taxation.
If global negotiations fail, the EU should be ready to implement its own digital levy by the end of 2021.

Vote

PPE

S&D

Renew

ID

Verts/ALE

ECR

The Left

NI

Total

Documents (PDFs)

REPORT on digital taxation: OECD negotiations, tax residency of digital companies and a possible European Digital Tax Digital taxation: OECD negotiations, tax residency of digital companies and a possible European Digital Tax

These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.