Post by account_disabled on Feb 20, 2024 2:00:36 GMT -5
In the case of the Government of Pedro Sánchez, starting next January. "The absence of a non-consensual solution could cause taxes on digital services to be imposed unilaterally , which would increase harmful rates and trade wars, undermining certainty and investment," the organization itself stated in a statement. echo CNBC . "Under the worst-case scenario — a trade war caused by digital taxes around the world — failure to reach an agreement could reduce global GDP by 1% each year ," he detailed. Within this framework, European authorities are already working on a community standard, the Digital Services Law. Last week, the Financial Times pointed out how the European Commission would be creating a list of 20 large technology corporations that will have to comply with more exhaustive regulations than the rest of the companies on the Old Continent.
Read more: 7 formulas that can stop tax avoidance by technology giants, according to one of the most influential economic lobbies in Spain The European Commissioner for Competition, Margrethe Vestager, defended in an interview in the newspaper El País that the members of this list will be companies "based on their characteristics", and will Middle East Phone Number List be part of the list because of them, "not because of the place of its headquarters". "It may be an old European custom, but here when you grow in size and power your responsibilities also increase," he concluded. Spain has already made a move. Now it is to be hoped that the European Union and the OECD will do so. Negotiations became tense at the beginning of summer, to the point that US Treasury Secretary Steve Mnuchin threatened countries that implemented the tax with "consequences .
The movement of the Trump Administration provoked a diplomatic response from several Ministers of Finance and Treasury of the countries in question, among whom was the Minister Spokesperson for the Government of Spain, María Jesús Montero. Criticism within Spain The Vice President of the European Commission and Commissioner for Competition, Margrethe Vestager. The Vice President of the European Commission and Commissioner for Competition, Margrethe Vestager.Reuters Within Spain, the Google rate has also had detractors. Adigital, the Spanish employer of the digital economy, regretted in a press release the approval of a tax of this type unilaterally.