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Spain's lower house to draft 3% digital tax on internet giants

Spain's lower house voted on Thursday to begin drafting a 3% tax on revenues of internet giants, the latest of such moves by U.S. trading partners that has spurred a U.S. investigation and could lead to punitive tariffs. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: giants, internet, house, lower, Spain's, tariffs, punitive, could, investigation, spurred, partners, trading, moves, latest, revenues, drafting, begin, voted, digital, draft

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/xKOaPJ6SkdY/spains-lower-house-to-draft-3-digital-tax-on-internet-giants-idUSKBN23B1QI