We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

German finance minister Olaf Scholz said he favours getting a binding deal on an EU digital tax at a meeting of EU finance ministers in December, and that he supports the French model for the move. France has long been the main supporter of the tax, but has grown increasingly frustrated with German hesitation over the details after Berlin agreed in principle to the idea in June. “If the negotiations continue the way that they have been going, we'll still be in talks in 100 years. That is why I support the French model and want to offer the proceeds to the EU,” news weekly Der Spiegel quoted Scholz on Monday as saying. After months of tough lobbying, the French government has said that only Denmark, Sweden and Ireland remain opposed. Germany, meanwhile, had until now been wavering over the proposed EU plan to tax big internet firms such as Google and Facebook on their turnover, which EU officials say unfairly pay less tax than other companies. Germany called earlier in November for a...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.