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French president Emmanuel Macron (r) wants Jean-Claude Juncker's European Commission to come with proposals on taxation in the digital era (Photo: European Council)

EU summit text on tech tax aims to please both sides

EU leaders have not yet made a clear choice about how to make sure digital companies pay their fair share of taxes.

At an EU summit in Brussels on Thursday (19 October), they adopted a text that balances the wishes of two groups of countries - and can be interpreted as victory by both.

One group wants new rules on taxation for global internet giants to be agreed at an international level through the Organisation of Economic Cooperation and Development (OECD), while another, led by...

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French president Emmanuel Macron (r) wants Jean-Claude Juncker's European Commission to come with proposals on taxation in the digital era (Photo: European Council)

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