Search Results for: EU commission
Europe’s digital tax map: Where countries stand
April 12th, 2018
The European Commission’s proposal to introduce a temporary levy to tax the revenues of digital giants is causing deep divisions between European countries, according to a POLITICO analysis of diplomatic positions. Shortly after the proposal was unveiled in late ...
EU plans more powers for consumers to sue companies
April 12th, 2018
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would allow some groups ...
EU tax moves positive step to more just world
April 2nd, 2018
As the recent scandal over Facebook and the company Cambridge Analytica has shown, many companies operating in the new “digital economy” are, essentially, extractive industries. They mine and sell data on an immense scale. The ephemeral nature of this ...
Leaked EU legal overhaul: Tech companies to share ‘e-evidence’ data with police within 10 days
March 30th, 2018
Messaging apps and other digital services will be forced to give their users’ data to law enforcement authorities within ten days of receiving requests, or six hours in emergencies, according to a leaked draft of an upcoming EU legal ...
Bitcoin falls to 5-week low as Ethereum drops below $600
March 15th, 2018
Bitcoin slipped to a five-week low on Thursday that also marked a drop of nearly a quarter in the cryptocurrency’s value during the first two weeks of March. The cryptocurrency dipped as much as 5.4 per cent to $7,753 ...
Brexit legal text signals greater EU urgency
March 8th, 2018
Brussels is not waiting around anymore for the U.K. to get its act together on Brexit. The European Commission’s publication of a 120-page draft withdrawal treaty will signal a new approach in the Brexit process that might best be ...
Social media companies need to do more to fully comply with EU consumer rules
February 22nd, 2018
Social media companies need to do more to respond to the requests, made last March by the European Commission and Member States’ consumer authorities, to comply with EU consumer rules. The changes made by Facebook, Twitter and Google+ to ...
U.S. stock futures headed lower; Euro little changed, Pound and Aussie were steady
February 5th, 2018
Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Shares sank across the region, with Japan’s benchmarks falling the ...
Taxation highs and low identified in EU report on policy
January 16th, 2018
The report shows that Ireland is not a high tax country with total tax receipts as a percentage of GDP the lowest in the EU and the Effective Marginal Tax Rates lowest 1/3 in the EU Even with a ...
1 in 6 EU businesses sold on the web in 2016
December 15th, 2017
Last year, 16% of enterprises located in the European Union (EU) and employing at least 10 persons had received orders via a website or via apps. Web sales include both sales to individual consumers and to other enterprises.The share ...