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"We have to move quickly and in a determined manner" to tax internet companies, said Estonian minister Toomas Toniste. (Photo: OZinOH)

EU divided on how to tax internet firms

EU countries have signaled their willingness to tax internet firms more, but are divided on how to do it.

At a meeting in Tallinn on Saturday (16 September), EU finance ministers have agreed to "move forward swiftly" and design possible mechanism by the end of the year.

But as two different proposals have garnered different levels of supports, a handful of countries have expressed doubts about the whole idea.

"I hope it's not another FTT," Malta's Edward Scicluna told journa...

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"We have to move quickly and in a determined manner" to tax internet companies, said Estonian minister Toomas Toniste. (Photo: OZinOH)

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