Google, Facebook and Co. must pay taxes where they generate profit
The EPP Group wants transnational digital companies to pay corporate tax in the place where their profits are generated. At the same time, the Group rejects the idea of imposing unified minimum corporate tax rates across Europe. “The physical location of companies does not play a role anymore in the digital economy. We need to bring the corporate tax system into the 21st Century”, said Markus Ferber MEP, EPP Group Spokesman in Parliament’s Committee on Economic and Monetary Affairs,…