Germany today denied a report that claimed the finance ministry had given up on plans to introduce more taxes on certain "internet giants," like Apple, Amazon, and Google. The taxes are related to a new proposal from the European Commission, which aims to make companies with "significant digital revenues" in Europe pay a three percent tax on such services in the EU (via Reuters).

appleservices
While Germany "has long been cool" on the plans, a report from Bild recently claimed that Finance Minister Olaf Scholz had "abandoned plans" to implement the taxes on digital companies. Citing confidential finance ministry documents, the report said this was because a "demonization" of these companies was seen as "not productive."

Denying the report, the German finance ministry says there has simply been "no decision made yet" on whether or not Germany will implement the digital tax. Speaking to Reuters, a finance ministry spokesperson explained that Germany is ultimately aiming for "fair taxation of internet companies." A final decision is expected by January 2019.

“There has been no decision made yet by the minister or the ministry on one or more instruments,” a finance ministry spokesman said when asked to comment on the Bild report.

“The debate is still ongoing, also among the finance ministers of Europe and the G7/G20 countries. The Federal Government still aims to ensure a fair taxation of internet companies,” the spokesman added.

For Apple, such a tax would affect the company's services segment, which remains to be an important revenue driver for the company. These include services like iTunes, the App Store, Mac App Store, Apple Music, iCloud, Apple Pay, and AppleCare.

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Tags: Germany, Tax

Top Rated Comments

oneMadRssn Avatar
76 months ago
In the end they create a new tax for the people - not for the internet companies. The companies just raise the prices.
Isn’t that true of every tax?
Score: 5 Votes (Like | Disagree)
cube Avatar
76 months ago
I think it's time to disband the European Union entirely. It would cause a lot of poorer nations to get hurt, but at this stage it seems like a better alternative to what it is becoming and has become.
The EU is what tries to protect Europeans from the most savage forms of capitalism.
Score: 5 Votes (Like | Disagree)
826317 Avatar
76 months ago
I think it's time to disband the European Union entirely. It would cause a lot of poorer nations to get hurt, but at this stage it seems like a better alternative to what it is becoming and has become.
Score: 5 Votes (Like | Disagree)
SBlue1 Avatar
76 months ago
This tax would be pure thievery. Its a case of a government seeing companies grow hugely successful and thinking "why not take a slice of that for ourselves?".
So like every other tax? LOL

Sure, schools, roads, police and hospitals all pay themselves...
Score: 3 Votes (Like | Disagree)
cube Avatar
76 months ago
So this is tax on top of the revenue taxes already collected? Dat's double dipping, man.
Not if they avoid most taxes.
Score: 3 Votes (Like | Disagree)
Mike MA Avatar
76 months ago
So this is tax on top of the revenue taxes already collected? Dat's double dipping, man.
No. Apple currently is doing their strongest sales ever in the European Union, but mostly avoids any tax as some few EU members offer tax havens for their own good.

Is it illegal behavior though? No.

Is it morally right that fortunes most wealthiest companies act like this? Especially with the immediate outcome to only park the revenue offshore? No.

It should be invested in education, infrastructure and social welfare - all which is consumed by Apple itself when running its overseas business and sales efforts in those countries.

Not if they avoid most taxes.
True.
Score: 3 Votes (Like | Disagree)

Popular Stories

iOS 18 CarPlay Feature

iOS 18 Adds These 5 New Features to CarPlay

Thursday June 13, 2024 7:44 am PDT by
Apple did not mention CarPlay during its WWDC keynote this week, but iOS 18 includes a handful of new features for the in-car software. Overall, there is not a whole lot new for CarPlay on iOS 18, with changes seemingly limited to the Messages and Settings apps so far. Below, we recap everything new for CarPlay on iOS 18. New for CarPlay on iOS 18 1. Contact Photos in Messages App...
iOS 18 Wallet Feature

Here's What's New in Apple Wallet on iOS 18 for Event Tickets and More

Friday June 14, 2024 7:32 am PDT by
iOS 18 includes a handful of enhancements to the Wallet app on the iPhone, with new features for Apple Pay, Apple Cash, event tickets, and more. Below, we outline everything new for the Wallet app on iOS 18, based on information from Apple's press release and a WWDC 2024 coding session. Redesigned Event Tickets Event tickets have an all-new design in the Wallet app on iOS 18, complete...
maxresdefault

First Look at Messages via Satellite in iOS 18

Thursday June 13, 2024 11:29 am PDT by
Apple has been gradually expanding its suite of satellite connectivity features for iPhone, and iOS 18 brings a significant new one in the form of Messages via satellite. The feature allows users to send and receive iMessages and SMS texts, including emoji and Tapbacks, while out of range of cellular and Wi-Fi networks. CNET met up with Apple's senior director of platform product marketing,...
iOS 18 Siri Integrated Feature

You Can Give Siri a New Name With iOS 18's Vocal Shortcuts

Friday June 14, 2024 4:33 pm PDT by
Apple in iOS 18 added a Vocal Shortcuts accessibility feature, and now that iOS 18 is available in a beta capacity, users have figured out that this option can be used to give Siri a new wake word. With Vocal Shortcuts, you can assign a custom phrase that Siri can understand to launch shortcuts and complete "complex tasks," and one of the shortcuts you can set up is an alternative for "Hey...