- Estonia vetoed EU plans to put VAT on Airbnb and Uber-style online platforms
- Concerns include higher prices for consumers and unfair competition for SMEs
- EU tax commissioner denies claims that the tax is on SMEs
- Belgium aims to find a compromise by the end of June
- Estonia’s veto also affects wider tax reform efforts
- Concerns about online services slipping through tax regulations
- Lobbyists argue for fair competition with conventional industries
- US backlash led to global reforms on corporate taxation
- Ministers agreed on new rules for withholding tax to prevent double taxation and loopholes
Source: euronews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
