Equalization tax across the EU? – Apple Inc. (NASDAQ:AAPL)

France, Germany, Italy and Spain want digital multinationals like Google (GOOG, GOOGL), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) to be taxed in Europe based on their revenues, rather than only profits.

The nations’ finance ministers have written to the EU’s Presidency and Commission to produce an “equalization tax” that would make companies pay the equivalent of the corporate tax in the countries where they earn revenue.

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