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EU pauses digital tax, for sake of wider deal
By EUobserver
The EU has temporarily paused its own plans to create a new tax on online sales, targeting US firms such as Google, in order to help forge new minimum-tax rules at the global level, the European Commission said Monday. "We will work together to reach this global agreement," EU economic affairs commissioner Paolo Gentiloni said, referring to an emerging G-20 level accord on how to tax tech giants more.