Tax crackdown on tech giants is not anti-Irish, says EU | Ireland

A senior European Commission official has denied that plans to tax the digital economy are “anti-Irish” and said it was high time that tech giants paid their fair share.

Pierre Moscovici, EU commissioner for economic affairs, taxation and customs, said that unclaimed revenue from the sector could exceed €5 billion across the whole bloc.

Ireland has become a global technology hub since corporation tax was cut to 12.5 per cent, attracting tech businesses, start-ups and entrepreneurs.

Many of the world’s largest digital companies have a base in Ireland, including Google, Apple, Amazon, Facebook and Linkedin, but it is feared that plans to strengthen EU taxation laws could lead to an exodus.

“My proposal is not anti-Irish, it is pro-EU,” Mr Moscovici told The Sunday Show

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