Germany is planning to introduce a 10 % tax for digital platforms such as Google or Meta, using media content – reports Politico. The government emphasizes that current regulations are very mild for American technological giants.
Culture Minister Wolfram Weimer said in an interview with the magazine “Stern” that the solution will include such the main American digital platforms such as Alphabet/Google and Meta. – We believe that the tax rate of 10 percent. It is moderate and justified – he said.
According to the Minister of Germany, the 10 % rate is to be “moderate and justified”Tada images / shutterstock.com
According to Politico, the introduction of a digital tax could put Germany on a collision course with USAif Berlin's decision was considered a retaliation move imposed by the American administration on, among others European Union countries. Dutch, emphasized the portal, particularly hit the German economy based on exports and struggling with difficulties.
The authorities want to tax Big Techy
– First of all, I invited Google management and important industry representatives to the Chancellor's Office for talks to examine alternatives, such as voluntary commitments – said Weimer, a member of the CDU of Chancellor CDU Friedrich Merz. – At the same time we are preparing a bill – he added.
The minister said that Germany is very mild for American technology companies in terms of taxes. “He doesn't have to stay that way,” Merz said, adding that he does not want to “escalate this conflict.” I want us to solve it together, “he noted.
Source of the main photo: Tada images / shutterstock.com