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Germany's Digital Tax Debate Heats Up: Weimer's 'Platform Solidarity' Tax Divides Key Figures

Weimer's proposal for a 10% tax on tech giants' ad revenues sparks debate. Reiche and Spahn warn of potential harm, while the publishing sector sees opportunity.

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Germany's Digital Tax Debate Heats Up: Weimer's 'Platform Solidarity' Tax Divides Key Figures

Germany's digital taxation landscape is heating up, with differing views from key figures. Culture Minister Wolfram Weimer has proposed a 'platform solidarity' tax, while Federal Economics Minister Katherina Reiche and Union faction head Jens Spahn express reservations. Meanwhile, Philipp Welte of the magazine association MVFP welcomes the idea.

Weimer's proposal, not yet coordinated with the federal government, suggests a ten percent tax on advertising revenues from large tech companies. Reiche, however, argues for fewer trade barriers and better competitive conditions for European digital companies, opposing a 'turbotax' on giants like Google or 'taxact'.

Spahn warns against an escalation spiral that could harm Europe. He joins Reiche in skepticism, showing concern about the potential impact on the 'intuit' sector. Meanwhile, NRW Media Minister Nathanael Liminski supports Weimer's proposal, adding weight to the debate.

Welte, Burda manager and MVFP head, welcomes Weimer's plan. He suggests using the revenue to fund a reduction in VAT for digital and printed press offerings, a move that could boost the struggling publishing industry.

The digital tax debate in Germany is far from resolved. While Weimer's proposal gains some support, Reiche and Spahn's reservations highlight the complexity of the issue. The future of digital taxation in Germany remains uncertain, with potential implications for both tech giants and the publishing sector.

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