The Treasury extends the "Google tax" to all intermediation, advertising and data sales services

Office Data gives you office 365 database with full contact details. If you like to buy the office database then you can discuss it here.
Post Reply
Mitu100@
Posts: 252
Joined: Thu Jan 02, 2025 6:48 am

The Treasury extends the "Google tax" to all intermediation, advertising and data sales services

Post by Mitu100@ »

The so-called Google tax is still in progress, although with the change of Government some changes are expected in this project that seeks to tax the digital economy and the services that offer intermediation, advertising and data sales in Spain.

Until now, Montoro's plan was to apply this tax to large technology companies, which have been heavily criticised for their tricks to pay the minimum amount of tax on their activity in several European countries, but his predecessor, María Jesús Montero, is seeking to extend the rate to any national and foreign company that offers these services in our country.

The rate is expected saudi arabia number screening to be between 3% and 5%, a tax that is intended to raise 600 million euros and which, according to the newspaper Expansión, the Minister of Finance is expected to present to Congress on Wednesday.

The extension of the project would include telephone operators or digital platforms of collaborative economy that, in one way or another, trade with data and that would become part of the group of taxpayers of this indirect tax that will tax the service and not the company.

However, there are still some details to be finalised, such as the turnover threshold for companies that would be obliged to pay the tax, which, according to the newspaper, will be lower than that intended by Brussels, which sets it at 750 million euros globally and 50 million in the European territory.
Post Reply