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Digital tax in sight: EU Parliament demands billions from Big Tech

Digital tax in sight: EU Parliament demands billions from Big Tech

With an ambitious financial plan for 2028-2034, the EU Parliament wants to make tech giants pay and increase the budget to secure investments.

"It is simply no longer justifiable that Big Tech companies are making dizzying profits, often with business models that lead to social disruptions. Furthermore, data giants have so far enjoyed tax privileges that small and medium-sized enterprises can only dream of."

This sums up the situation quite nicely...

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