Lagging U.S. online giants, Europe calls on them to pay up

French, Italian and other European leaders upped the pressure on mostly U.S. tech giants to pay their fair share of taxes in the European Union and abide by the bloc’s rules when they met on Friday, but were still far from a consensus on the issue.

French, Italian and other European leaders upped the pressure on mostly U.S. tech giants to pay their fair share of taxes in the European Union and abide by the bloc’s rules when they met on Friday, but were still far from a consensus on the issue.

European Commission President Jean-Claude Juncker said the EU executive would propose new rules next year to provide a level playing-field between bricks-and-mortar companies and digital ones.
http://in.reuters.com/article/eu-summit-digital/lagging-u-s-online-giants-europe-calls-on-them-to-pay-up-idINKCN1C42I3

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