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Austria is to introduce digital tax after the failure of the EU-wide plan

FILE PHOTO: austrian Minister of Finance Hartwig Loeger addresses the media before a cabinet meeting in Vienna, Austria on August 22, 2018. REUTERS/Heinz-Peter Bader

VIENNA (Reuters) – Austria will press ahead with a planned tax on Internet giants, after plans for an EU-wide levy fell through this week, the Minister of Finance Hartwig Loeger said on Friday.

Austria said in January that the tax companies like Google, Amazon, Facebook and Alibaba 3 percent of their advertising revenue from within Austria.

He said at the time that it would monitor the implementation of that plan to a European Union finance ministers meeting this week in the case that an agreement was reached on an EU-wide digital tax, but the ministers abandoned the idea when they met on Monday.

Reporting by Francois Murphy; Editing by Hugh Lawson

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