Free Trial

MNI BRIEF: EU Puts Digital Levy On Hold After G20 Tax Deal

MNI (Brussels)

The EU Commission announced Monday that it would put on hold its plan for a digital levy following the weekend endorsement of a G20 agreement to reform the global tax system. A Commission spokesman said that the decision had been taken to "concentrate all our efforts on getting that over the line, and it's for that reason we are putting on hold our work on a digital levy."

G20 and OECD countries are aiming to finalise the reform plan by October.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.