New tech tax: Turn Over Tax. 3 Steps to being Informed.

France, Spain and Germany are tackling- how do can we tax tech?

What’s at issue: How can you tax where tech companies gerneate revenue. Not just where tech companies book their profit

What’s the angle? An “equalization tax” on tech revenue earned from digital business activity 

Proposed rates: 2 to 5% of revenue generated

Tech Crunch | France, Germany, Spain, Italy call for turnover tax for tech giants