On 17 May 2019, the German Finance Minister Olaf Scholz said that he expected the OECD will agree a minimum level of taxation for digital companies such as Amazon, Google and Facebook by mid-2020.

He also said he expected progress by the third quarter of 2019 on introducing a financial transaction tax in at least 9 EU countries.

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FJM 20.5.19

[Tax Month – May 2019]

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