By  on September 21, 2017

The European Union is getting ready to take on the issue of revising tax laws for digital companies.

In a new agenda, the European Commission said the current decades-old tax framework among the EU’s 23-member states “does not fit in with modern realities,” and purportedly leaves digital companies with an effective tax rate estimated to be at least half of that levied against traditional companies, including brick-and-mortar retailers.

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