Turns out companies pass on tax rises as Google increases European ad prices
It looks like Google will be increasing the cost of its ads by exactly the rate of a new digital sales tax in the European countries imposing it.
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Digital Sales Tax
Indonesia to introduce 10% VAT on internet giants
The Indonesian Government has risked the wrath of the White House by introducing a Value Added Tax (VAT) on several companies including Facebook, Amazon and Google.
US confirms 25% tariff on French imports in Digital Sales Tax retaliation
Following the launch of a Section 301 Investigation last year, the US Trade Representative has announced 25% tariffs on certain French products, starting January 6, 2021.
UK doubles down on White House irritation with digital sales tax
With the UK already testing the strain on its special relationship with the US following the Huawei decision, the introduction of a 2% digital sales tax is hardly going to help matters.
US unveils retaliation for French Digital Sales Tax
The US Trade Representative (USTR) has begun the process of targeting French cheese and fashion for trade tariffs in retaliation for Digital Sales Tax imposed by France.
Czech Government slaps 7% digital sales tax on Big Tech
The Czech Government has become the latest to challenge the ‘creative’ tax strategies of Big Tech with the proposed introduction of a 7% digital sales tax in the country.
Italy readies itself for tax assault on Silicon Valley
The Italian Government is preparing to join the UK and France in taking a tougher tax stance against Big Tech with the introduction of a 3% sales tax.
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