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Denmark says EU digital tax plan will trigger U.S. retaliation

Denmark says EU digital tax plan will trigger U.S. retaliation© Reuters. Denmark says EU digital tax plan will trigger U.S. retaliation

BRUSSELS (Reuters) – Denmark’s Finance Minister Kristian Jensen said on Tuesday a European Union plan to impose a 3 percent tax on the turnover of digital giants was a bad idea that would trigger retaliation from the United States.

“Of course there will be a reaction from the U.S.,” Jensen told reporters on the sidelines of a meeting of EU finance ministers which will discuss the issue.

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Source: Investing.com

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