EU PLANS TO RAISE TAX BILL OF ONLINE GIANTS GATHER MOMENTUM Nearly one third of European Union states backed a plan to tax digital multinationals on their turnover, France said on Friday, as the EU weighs a range of other measures to increase the tax bill of companies like Google and Amazon. European Economic and Financial Affairs Commissioner Pierre Moscovici gestures during his meeting with Greek Prime Minister Alexis Tsipras (not pictured) at Maximos Mansion in Athens, Greece, July 25, 2017. REUTERS/Alkis Konstantinidis/Files TALLINN: Nearly one third of European Union states backed a plan to tax digital multinationals on their turnover, France said on Friday, as the EU weighs a range of other measures to increase the tax bill of companies like Google and Amazon. The moves are part of a growing campaign in the EU to claim tax revenues that online giants are accused of skirting by routing most of their profits to low tax rate states, like Ireland and Luxembourg. &quo
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