Prior to that, Germany had denied a newspaper report it would begin implementing a 3% tech tax. During that ordeal, Le Maire continued to pressure Germany into legislating a tax, saying:

Today, Austrian Chancellor Sebastian Kurz said the country will be following suit, and no longer wait for an EU-wide agreement.

If we are incapable of re-establishing a fair tax system, of taxing the digital giants, we will pay for it at the ballot box.

According to dw.com, the European Commission estimates that tech firms pay an estimated 9% on profits, as compared to 23% for traditional companies.

How do you feel about European nations taking a firmer stance against tech giants paying comparably minimal taxes? Discuss in the comments below!

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