There is both optimism and caution about digital taxation. This is the message that the European Finance Ministers gave, on Tuesday 16 March, at the ‘Ecofin’ Council, fearing that the European initiatives could jeopardise the international negotiations underway at the OECD on international tax reform.
The change in attitude of the new US administration, including the abandonment of the demand for a voluntary scheme (see EUROPE B12667A4), is widely seen as a new dynamic that greatly...