The European Commissioner for Taxation, Pierre Moscovici, has sought to reassure the American authorities that the legislative proposal on the taxation of the digital economy, to be unveiled on Wednesday 21 March (see EUROPE 11982, 11983), was not aimed solely at American businesses.
“I can assure you that we are not targeting any individual companies, or any nationality with these measures. Our goal is to ensure a level playing field for all businesses” in the digital sector, the...