<ul><li>Germany is considering a 10 percent digital service tax on major online platforms like Google and Facebook.</li><li>Political factions in Germany have reached an agreement to pursue fees for digital service companies, aiming to ensure fairer taxation for tech giants operating in the country.</li><li>Numerous other countries, including Britain, France, Italy, Spain, Turkey, India, Austria, and Canada, have already implemented or are exploring similar taxes on revenue generated by large internet tech companies.</li><li>If Germany enacts the tax, there might be possible retaliation from the Trump administration, as the US President previously indicated intentions to impose tariffs on nations implementing digital service taxes on US tech businesses.</li></ul>

Germany is considering a 10 percent digital service tax on US tech giants

Discover more