SAP co-CEO to influence EU Internet taxation rules

Co-CEO of SAP will advise lawmakers on how to tax Europe's digital economy

The head of SAP has been appointed to a top European Union group that is supposed to come up with new ways to tax goods and services sold over the Internet.

The co-CEO of the business software provider, Jim Hagemann Snabe, is joined by six other experts, but is the only industry representative of industry on the panel, according to a Thursday announcement.

The group will be headed by Vítor Gaspar, former finance minister of Portugal, and will try to identify improvements in Internet taxation in the E.U. The group's report, which is expected in the first half of 2014, will influence new tax rules in the future.

A Commission spokesman said that the group had been given a completely open mandate to focus on whatever they think important: "Obviously they will consider things like sales of music, streaming video, web advertising, etc. But it is up to the group to define which areas of the digital economy need better taxation laws."

According to the European Commission, which set up the group, its focus will be on "identifying the key problems with taxing the digital economy from an E.U. perspective, and presenting a range of possible solutions."

"Today's tax systems were conceived in a pre-computer age. So it is no surprise that they often clash with the modern, digital economy. Taxation must not be an obstacle to all that is good about the digital revolution. Yet, we must also ensure that the digital sector plays fair and pays fair," said Taxation Commissioner Algirdas `emeta when he announced the group.

The other five experts are: Pierre Collin from the French Conseil d'Etat; Michael Devereux from Oxford University Centre for Business Taxation; Tea Varrak from the Mektory Innovation and Business Centre in Estonia; Mary Walsh, a tax expert and consultant in Ireland; and Björn Westberg from Jönköping International Business School in Sweden.

Follow Jennifer on Twitter at @BrusselsGeek or email tips and comments to jennifer_baker@idg.com.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentregulationSAP

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jennifer Baker

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?