In a move that could escalate trade tensions with the U.S., Germany is reportedly contemplating imposing a 10% tax on major online platforms, including Alphabet Inc. GOOGL GOOG and Meta Platforms ...

Aramyan/iStock via Getty Images The German government is drafting a legislative proposal to impose a 10% tax on internet giants such as Google (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta (NASDAQ: META ...

Germany’s government on Wednesday put forward a sweeping package of corporate tax breaks aimed at boosting investment and pulling Europe’s largest economy out of the doldrums. “It’s ...

The digital tax proposal comes ahead of an expected visit by German Chancellor Friedrich Merz to the U.S.–if President Trump views this move as discriminatory against U.S. companies, it could ...

BERLIN: Germany is considering a 10% tax on large online platforms like Alphabet’s Google and Meta’s Facebook, its new minister of state for culture told magazine Stern, in a move likely to ...

If the tax is passed, Germany could see retaliation from President Donald Trump 's administration. Trump had said in February that he would seek tariffs on nations that impose a digital service ...

The final taxation proposals are due to be published on July 16, 2025, and will be for the budgets beginning in 2028. Unless the EU reinstates its digital tax proposal, the move is being seen as a ...