Time for EU states to stand together and make tech giants pay fair share of taxes

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Time for EU states to stand together and make tech giants pay fair share of taxes


Profits: Apple CEO Tim Cook told the Debating Ethics event at the European Parliament in Brussels yesterday that people’s personal data is being 'weaponised' by companies to make profit for themselves. Photo: AFP/Getty Images
Profits: Apple CEO Tim Cook told the Debating Ethics event at the European Parliament in Brussels yesterday that people’s personal data is being ‘weaponised’ by companies to make profit for themselves. Photo: AFP/Getty Images

A new digital economy, full of promise, is unfolding before our eyes.

But the rules in this new world need to be written to ensure a fairer distribution of wealth, greater social and tax justice, and to prevent capital and knowledge from becoming overly concentrated in the hands of a privileged few.

Tax justice is an integral part of a working democracy. It is through taxation that our vital public services are paid for. The future of our democracies depends on everyone paying their fair share of tax. Yet this is not the case today.

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