Latin America joins EU in considering a new digital tax


Mexico and Chile are among a host of countries that may follow the European Union’s lead in playing hardball on taxes with big tech companies like Facebook, Alphabet, AirBnB, and Uber. In March, the EU proposed a “digital tax” that would affect the revenue of major digital companies like Facebook and Google. Inc, but the proposal has been met with stiff opposition from US businesses and political leaders. A proposal that could fall by the wayside in Europe, due to trade agreements between the US and the UK, could actually prove to be successful in Latin America. According to the…

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Source:: Technology – The Next Web

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