Austria will press ahead with a planned tax on Internet giants after plans for an EU-wide levy fell through this week, Finance Minister Hartwig Loeger said on Friday, Trend reports referring to Reuters.
Austria said in January that it would tax firms like Google, Amazon, Facebook and Alibaba 3 percent of their advertising revenue from within Austria.
It said at the time that it would hold off on implementing that plan until a European Union finance ministers’ meeting this week in case a deal was reached on an EU-wide digital tax, but ministers abandoned the idea when they met on Monday.