With the European Union still dealing with legal the process, Israel Tax Authority will be among the first to tax the internet giants such as Google and Facebook on revenues made on Israelis.
By AFP
Israel plans to tax internet giants such as Google and Facebook within a year, the head of the tax authority said in remarks published on Wednesday.
An example of Facebook ‘bait & catch’ adverts to make revenues from Page owners to pay for the posts to be ‘Shared’ – “The more you pay, the more viewers get access” – Screenshot: Israel and Stuff
Israel Tax Authority chief Moshe Asher told Haaretz newspaper that taxing tech giants would make Israel among the “first” in the world, as the European Union still grapples with the thorny process. Continue Reading »
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