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Big Tech dodged one tax bullet, but another one is coming
Marketplace All-in-One
English - July 13, 2021 10:02 - 8 minutes - 11.8 MB - ★★★★★ - 1.2K ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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European Union leaders said Monday they will delay, for now, plans for a digital tax that would require Big Tech companies like Facebook and Google to pay taxes anywhere they do business. That’s because, this weekend, leaders from the world’s 20 biggest economies agreed to try to create a global minimum tax. Host Molly Wood speaks to Margrethe Vestager, the executive vice president of the European Commission, who oversees competition and digital policy. She says the digital tax isn’t off the table, but tech will have to pay either way.