POST Online Media Lite Edition


Germany still aims for fair taxation of internet companies

Staff Writer |
The German finance ministry denied a newspaper report on Wednesday that Finance Minister Olaf Scholz had given up on plans to make internet giants pay more tax.

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Bild newspaper, citing a confidential finance ministry document, reported that Scholz had abandoned plans to hike taxes for big digital companies because a “demonization” of the firms was seen as “not productive”.

The move would have been a reversal for Scholz, a senior member of the Social Democrats (SPD). In last year’s national election, his party campaigned for higher taxes on large, global internet firms. The SPD is the junior partner in a coalition led by conservative Chancellor Angela Merkel.

“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.

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