EU plans to create single digital market by 2018

Source : 112 Ukraine

In its framework, it is planned to change the rules of taxation of Internet companies
20:44, 30 September 2017

112 Agency

The EU countries plan to create a single digital market by 2018. This was stated on Friday, September 29, by the Prime Minister of Estonia, Jüri Ratas, reports Deutsche Welle.

"All EU member states have fully committed themselves to creating a single digital market by 2018. The current single digital market is the basis of everything we do," he said, summing up the results of the EU's "digital summit".

According to Ratas, this requires investing in infrastructure, in particular, in the infrastructure of 5G, in science and industry, and also develop artificial intelligence and supercomputers.

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"This will improve the effectiveness of public administration and will more directly focus our societies in the future," he said.

To create a single digital market, it is proposed to introduce a new tax for large Internet companies, this idea earlier sounded from French President Emmanuel Macron. It is planned that companies will pay taxes in those countries where they make money, and not where they are registered. "The tax has to be paid where it is due, be it online or be it offline," European Commission President Jean-Claude Juncker said. According to him, the European Commission will offer such taxes next year.

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