EU presidential candidate Vestager wants global push on digital taxes

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EU presidential candidate Vestager wants global push on digital taxes
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The competion commissioner has already issued big fines to tech firms over antitrust concerns.

The EU's competition commissioner told CNBC Friday that Europe, and the rest of the world, must push for a solution on digital taxation to create fairness among companies.

The EU's Margrethe Vestager has already taken on U.S. internet giants in her role as competition commissioner and she is now standing for Europe's top job, that of EU Commission president. "There are so many companies that do pay their taxes. They create jobs, they contribute to the economy," she said, before adding: "It is not fair that they have to see competitors for capital, for skilled employees, get away with paying less than half the same amount of taxes."

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CNBC /  🏆 12. in US

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