Tech Giants are the ‘Winners’ of the Coronavirus Crisis and Should Pay More Tax, Europe Official Says

Big Tech has to pay a “fair amount” of taxes in Europe, especially as they are the “real winners” of the coronavirus crisis, a top European official told CNBC Saturday.

His comments come amid an ongoing rift between the United States and the European Union over the taxation of companies such as AppleAlphabet and Amazon.

“It is a major problem,” Paolo Gentiloni, European Commissioner for economics and taxation, told CNBC at the European House Ambrosetti Forum, acknowledging the difficulty in overcoming differences with the United States. Read more…..

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