The European Union (EU) has announced plans to implement a new digital tax on technology giants, including companies like Facebook, Google, and Amazon. This tax would be imposed on revenue generated from digital services within the EU, regardless of where the companies are based. The proposal aims to ensure that these companies pay their fair share of taxes in the countries where they operate, rather than taking advantage of loopholes to minimize their tax obligations. The move is part of a broader effort to reform the international tax system to account for the growing importance of digital services in the global economy.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
