EU’s Divisive Plan to Tax Facebook, Amazon Returns to Spotlight

Finance ministers to discuss digital tax in meeting on Tuesday
France has spearheaded initiative, with Ireland in opposition

Finance ministers meeting in Brussels will try to push forward a legislative proposal for a 3 percent levy on the European sales of companies with a global annual revenue of 750 million euros ($853 million) or more, such as Facebook Inc., Alphabet Inc. and Amazon.com Inc. — Finance ministers meeting in Brussels will try to push forward a legislative proposal for a 3 percent levy on the European sales of companies with a global annual revenue of 750 million euros ($853 million) or more, such as Facebook Inc., Alphabet Inc. and Amazon.com Inc.
Photographer: Martin Leissl/Bloomberg

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By Nikos Chrysoloras and William Horobin

November 5, 2018 at 12:19 PM UTC

Updated on

November 6, 2018 at 9:23 AM UTC

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A scrap among European Union countries over a proposed tax on tech giants is set to resume on Tuesday, when finance ministers try to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.