Digital Tax

Apple Inc. (NASDAQ:AAPL) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive practices on its App Store. What Happened: The EU’s executive arm, the European Commission, previously charged Apple of violating its laws...

The U.S. Congress is reviewing a provision in the ‘Big, Beautiful Bill’ that would grant President Donald Trump the authority to impose retaliatory taxes on countries targeting major U.S. tech companies with digital service taxes. What Happened: The provision would allow Trump to...

In a move that could escalate trade tensions with the U.S., Germany is reportedly contemplating imposing a 10% tax on major online platforms, including Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Meta Platforms Inc. (NASDAQ:META). What Happened: Wolfram Weimer, the new German...

The U.S. Trade Representative (USTR) office released findings in a press release on Wednesday that the digital tax regulations in India, Italy, and Turkey are not in line with the international taxation principles, and it negatively impacts United States commerce....

Facebook, Inc (NASDAQ: FB) and Amazon.com, Inc (NASDAQ: AMZN) have received a demand of millions of euros from the French tax authorities, the Financial Times reports. What Happened: France seeks to collect "digital tax" for 2020 from the U.S. technology groups....

President Donald Trump's public feud with Amazon.com, Inc. (NASDAQ: AMZN) and its CEO Jeff Bezos is well-known. Yet the two appear to have found common ground: opposing a new digital tax on tech companies in France, CNBC reported. What Happened France's Senate approved a new 3% tax...