{"id":8199,"date":"2021-07-12T11:18:47","date_gmt":"2021-07-12T15:18:47","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=8199"},"modified":"2021-07-23T13:46:17","modified_gmt":"2021-07-23T17:46:17","slug":"european-commission-will-likely-delay-digital-levy-plan","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/european-commission-will-likely-delay-digital-levy-plan\/","title":{"rendered":"European Commission Will Likely Delay Digital Levy Plan"},"content":{"rendered":"\n<p>The European Commission is expected to delay the implementation of its plan for a digital levy until the fall in order to improve the chances of global corporate tax reform.<\/p>\n\n\n\n<p>The Financial Times reported on Sunday that the European Commission is under pressure from U.S. Treasury Secretary Janet Yellen to shelve its digital tax proposal.<\/p>\n\n\n\n<p>The digital levy would help finance Europe&#8217;s road to recovery from the pandemic and would apply to several companies in the digital economy.<\/p>\n\n\n\n<p>While officials stressed that the final decision had not yet been made and would still be discussed when Commission President Ursula von der Leyen meets Yellen, the unidentified official said: &#8220;The commission is reflecting on how to support the historic G20 deal. In that context we are considering a possible postponement to the autumn of the detailed proposal on the digital tax.&#8221;<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/technology\/european-commission-likely-delay-putting-forward-digital-levy-plan-ft-2021-07-11\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>The European Commission will likely delay its plan for a digital levy until the fall.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-8199","post","type-post","status-publish","format-standard","hentry","category-government-public-sector"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/8199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=8199"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/8199\/revisions"}],"predecessor-version":[{"id":8255,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/8199\/revisions\/8255"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=8199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=8199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=8199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}