Skiurlaub- günstig mit FeWo-direkt
Bundesliga-Tickets mit Garantie!

ITS | Jahn | Tjaereborg

Hotelsuche in 

1ST LEAD Germany to seek tighter taxation of digital companies at G20 meeting By Georg Ismar, dpa

By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Buenos Aires (dpa) - Germany will seek joint G20 action to tighten the taxation of digital companies at a meeting of the group of 20 major economies in Buenos Aires, Finance Minister Olaf Scholz said.

Scholz, who is also the vice chancellor of Germany, spoke to dpa before the meeting, which will bring together finance ministers and central bankers from 19 countries and the European Union in the Argentinian capital on Monday.

European countries such as Germany and France are concerned about tax avoidance by online companies, such as Google or Facebook, which do not need to be physically present in countries where they operate.

The European Commission is now planning to impose a 3-per-cent tax on the revenues of large digital companies, which would raise an estimated 5 billion euros (6 billion dollars) annually.

"The international community must find answers to the challenges of digitalization. The taxing of the digital economy is part of it," Scholz said.

"It presents complicated tax law questions which we will have to thoroughly discuss in the coming weeks and months," he added.

A report that the Organization for Economic Cooperation and Development (OECD) will present in Buenos Aires, as well as proposals the European Commission is expected to make, "offer a good basis for further talks," the minister said.

Ireland, which has offered tax incentives to digital companies, is expected oppose stringent regulations. Scholz stressed the need to coordinate measures "as broadly as possible" on the international level.

"It is in the common interest of the EU countries to avoid unilateralism and to seek a united position," he said.

France, which backs Germany on the need to prevent tax avoidance by digital companies, is "hoping for an agreed, consensual solution for realigning international regulations," according to Economy Ministry sources in Paris.

Countries such as the United States may not agree, "but there is also growing political pressure, a public sense of injustice," the sources said, calling on concerned states to take action "in a coordinated way."

The G20 meeting will also discuss the threat of trade wars after US President Donald Trump announced plans to raise steel and aluminium tariffs. Scholz said he would "make it clear" in Buenos Aires that "protectionism is an invention of the 19th century."

"It should not be a political means to react to the challenges of the 21st century," he added.

Sources from the French Economy Ministry stressed the need for a united European position, adding that France does not want "an increase in tension."

"There will be negotiations, we don‘t know how they are going to go, but we all feel that Europe will be exempted," the sources said.


Kommentare zu diesem Artikel
Neuer Kommentar
Name *
Email * (wird nicht öffentlich angezeigt)
* Pflichtangaben
Diesen Artikel empfehlen

Absender Empfänger Nachricht (optional)

Weitere Artikel zu diesem Thema
Berlin (dpa) - The right-wing populist Alternative for Germany (AfD) party tried but failed to introduce a reform of Germany‘s border control policy on Friday. Members of the anti-immigrant AfD party moved a motion in the German lower house,
The failed coup of July 15 has cost Turkey at least 300 billion lira (99.9 billion dollars) in damages, Customs and Trade Minister Bulent Tufenkci was quoted as saying in Hurriyet daily on Tuesday. Istanbul (dpa) - The damages include destroyed
Hamburg (dpa) - Die Sicherheitskosten für den G20-Gipfel in Hamburg haben sich auf 85 Millionen Euro summiert. Ein Senatssprecher bestätigte entsprechende Angaben von NDR 90,3 vom Samstag. Beim G20-Gipfel Anfang Juli 2017 war es zu massiven
Bremen (dpa) - About 11,000 people are protesting in the German city of Hanover against the ongoing military offensive by Turkey against Kurdish-held areas of northern Syria, police said.Turkey and allied rebels started a major operation against
Hanover, Germany (dpa) - Weekend celebrations of the Kurdish New Year in the German city of Hanover could turn violent, warn German domestic intelligence agencies. The Nauroz event is expected to bring together thousands of Kurds on Saturday. It was
Buenos Aires, 10 mar (dpa) - La presidenta de Croacia, Kolinda Grabar-Kitarovic, iniciará mañana una visita oficial a Argentina acompañada por un grupo de empresarios interesados en concretar negocios en el país.Según informaron fuentes
Tipps der Redaktion aus dem Nachrichtenportal
Berlin (dpa) - Germany‘s newly-minted Economy Minister, Peter Altmaier, has stressed the virtues of open markets and expressed confidence that Europe and the United States can reach a compromise on trade in his first major interview since
London (dpa) - Britain‘s Foreign Office said it is considering a request from Russia to see Yulia Skripal, whose condition has improved after she was poisoned in the city of Salisbury in early March.Skripal is the daughter of former Russian
London (dpa) - Britain‘s Foreign Office said it is considering a request from Russia to see Yulia Skripal, whose condition has improved after she was poisoned in the city of Salisbury in early March.Skripal is the daughter of former Russian
Berlin (dpa) - An ongoing dispute within Germany‘s coalition over the role of Islam in the country re-emerged on Saturday, as party officials gave conflicting messages in interviews published by German media.Just ahead of Easter celebrations
Madrid (dpa) - Former president of Catalonia Carles Puigdemont on Saturday struck a defiant tone in his first public message since being taken into Germany custody last Sunday. "Let it be clear to all: I will not give up, I will not resign, I will
Seoul (dpa) - North Korean leader Kim Jong Un praised the International Olympic Committee (IOC) for its role in helping bring about a "dramatic thawing season" on the Korean Peninsula, North Korea‘s state media reported on Saturday.North
Tipps der Redaktion aus dem Reiseportal
Pyeongchang, South Korea (dpa) - Norway‘s Marit Bjoergen wins the 30-kilometres cross country ski race to become the best decorated Winter Olympian of a all time with eight gold, four silver and three bronze.
Pyeongchang, South Korea (dpa) - China highlighted that construction for the Beijing 2022 Winter Olympics is in full swing while trying to defuse questions on the sensitive issue of artificial snow-making at the ski venues.Organizing committee BOCOG
Berlin (dpa) - Figure skating events at the Pyeongchang Olympics, with day and time (in GMT), 2014 champions and athletes to watch.Monday, February 12, 0100: team event (Russia) Thursday, February 15, 0130: pairs (Tatiana Volosozhar/Maxim Trankov,
Seoul (dpa) - An overview of venues to be used to the Pyeongchang Winter Olympic Games in 2018.Pyeongchang Mountain ClusterLocated around 180 kilometres east of Seoul in the Gangwon province. Here there is the 35,000-capacity Olympic stadium for the
Frankfurt (dpa) - Germany will be unable to host an Olympic Games inside the next decade but the subject will not remain closed, a leading official has said."The overall topic of a potential bid has rather a mid- or long-term character," German
Pyeongchang, South Korea (dpa) - The International Olympic Committee advanced plans on Thursday to set up an independent anti-doping testing system following the drugs scandal in Russian sports.The World Anti-Doping Agency (WADA) is also set to


(23.04.2018 01:45)

11 / 25 °C

10 / 15 °C
10 / 12 °C
powered by
Stock News

Agenda - The Week Ahea ...
Agenda - The Week Ahea ...

Afghan Farah Governor ...
Ministry Warns Cinema ...

5TH LEAD Palestinians ...
German Economy Ministe ...

URGENT: Norway's Bjoe ...
China highlights Beiji ...





© europe online publishing house GmbH, Weiden, Germany, | Impressum