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Germany to Levy 10% Digital Tax on Tech Giants

Projected revenue will be channeled into bolstering Germany’s media landscape under the SPDUnion coalition pact.

Wolfram Weimer, Staatsminister für Kultur und Medien
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Overview

  • Culture Minister Wolfram Weimer’s office is finalizing a draft bill that would impose a 10% levy on major platform operators with multi-billion-euro revenues.
  • The proposal builds on Austria’s five percent digital tax but extends the charge to a wider array of media and advertising revenues.
  • Funds raised by the levy are earmarked to strengthen media diversity and support cultural institutions across Germany.
  • Officials say the measure aims to curb skillful tax avoidance by internet giants but may heighten tensions in the ongoing US-EU trade dispute.
  • Union, SPD and Greens have expressed broad support for the initiative, although some ministers reported that its public announcement outpaced full government coordination.