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Big Tech finds a way to pass on the cost of digital taxes in Europe

Applehas announcedthat it will increase its charges for app developers, as it becomesthe latest tech giant to pass on some ofthe costs of new digital taxes tosmaller businesses.

The move, announced Tuesday, comes after countries including the U.K., France, Italy and Turkey implemented digital services levies, which force tech giants to pay more taxes.However, Apple also said that some of its latest price adjustments were taking place due tochanges in VAT rates.

It went on to say that charges would be adjustedin Germany because of VAT changes and new digital services taxes in France, Italy, and the U.K.

Digital services taxes isa topic that has sparked division between a number of countries and the United States, the home of these tech behemoths.

It has been embroiled in discussions with other countries on how to overcome their differences on digital taxation for some time.However, Washington pulled out of talks on the subject earlier this summer, questioning whether any resolution will be found before the end of the year.

Original article
Author: Cnbc

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