Taxing the Digital Economy: Commission creates Expert Group to guide EU approach
The Commission has adopted a Decision to create a High Level Expert Group on Taxation of the Digital Economy. The task of this group will be to examine the best ways of taxing the digital economy in the EU, weighing up both the benefits and risks of various approaches.
The expert group will dentify the key problems with digital taxation from an EU perspective, and present a range of possible solutions. The Commission will then develop any necessary EU initiatives to improve the tax framework for the digital sector in Europe.
Algirdas Šemeta, Commissioner responsible for Taxation, Customs, Statistics, Anti-fraud and Audit, said: "The challenges linked to taxing the digital economy are immense and there are no ready-made answers. Therefore, we need deep, informed and focused reflection on this issue within the EU, to ensure that the next steps we take are the right ones."
The group will be comprised of up to seven members, who will be internationally renowned experts on the digital economy and on taxation. It will be chaired by a person of political profile with relevant background on such issues.