European Commission Announces Proposal for a New Forward-Looking Transatlantic Agenda

The European Commission has announced a proposal for a new EU-US agenda for global change. With respect to taxation, one of the key points of the agenda is that the EU and the US should open a transatlantic dialogue on the responsibility of online platforms and Big Tech, starting by working together to find global solutions for fair taxation and market distortions in the digital economy. For this purpose, focus is given to the need for the EU and the US to strongly commit to the timely conc…