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Germany Considers 10% Tax on Google and Meta – Wolfram Weimer Says

  • Germany is considering a 10% tax on tech giants like Google and Meta, citing 'cunning tax evasion' through loopholes in tax laws.
  • Wolfram Weimer is drafting a legislative proposal for the tax, aiming to target the revenues of digital platforms and discussing alternatives with companies.
  • Concerns were raised about the influence these platforms hold over information space and the need to address monopoly-like structures in the industry.
  • The proposed tax plan adds to the existing tariff tensions between the U.S. and EU, with expectations of a meeting between Chancellor Friedrich Merz and President Donald Trump.

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