turnover tax Archives - Corporate Welfare Watch

May 22, 2025

Newsletter: March 2018

March 29, 2018

Our newsletter for March 2018 is focused on government funding for the Industrial Strategy, new plans for taxing turnover of large online firms in the UK and EU, and recent events that featured Kevin Farnsworth of […]

The EU wants to begin taxing the turnover of major tech firms Google, Facebook, Amazon and Apple, rather than profits.

EU to tax turnover rather than profit of big tech firms Apple, Facebook, Google and Amazon

March 5, 2018

In a move that would recoup tax payments otherwise funnelled overseas through clever accounting mechanisms, the EU is poised to begin taxing the turnover, rather than the profits, of Google, Apple, Facebook and Amazon. Bruno […]