German finance minister expects OECD deal on digital tax in 2020

Posted in: Government & Policy at 20/05/2019 01:34

German Finance Minister Olaf Scholz said on Friday he expected the Organisation for Economic Cooperation and Development (OECD) will agree a minimum level of taxation for digital companies such as Amazon, Google and Facebook by mid-2020.

He also said he expected progress by the third quarter of 2019 on introducing a financial transaction tax in at least nine EU countries.

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