German digital ministry treads cautiously over online platform levy

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Germany’s new digital ministry said any levy on online platforms would have to be internationally coordinated and not result in higher prices for end consumers, in a sign on Friday of possible divisions within government over plans for such a tax.

The minister of state for culture ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wolfram-weimer” target=”_blank”>Wolfram Weimer had said in an interview published on Thursday that officials were working on a levy which would hit platforms such as Alphabet’s Google and Meta’s Facebook.

A data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/germany-seeks-to-levy-10-tax-on-online-platforms-like-google/articleshow/121490834.cms” data-type=”tilCustomLink” target=”_blank”>levy of 10% would be reasonable, he said – without specifying if this were a tax on revenue or…



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German digital ministry treads cautiously over online platform levy


Germany’s new digital ministry said any levy on online platforms would have to be internationally coordinated and not result in higher prices for end consumers, in a sign on Friday of possible divisions within government over plans for such a tax.

The minister of state for culture ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wolfram-weimer” target=”_blank”>Wolfram Weimer had said in an interview published on Thursday that officials were working on a levy which would hit platforms such as Alphabet’s Google and Meta’s Facebook.

A data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/germany-seeks-to-levy-10-tax-on-online-platforms-like-google/articleshow/121490834.cms” data-type=”tilCustomLink” target=”_blank”>levy of 10% would be reasonable, he said – without specifying if this were a tax on revenue or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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