:
European Union to hike VAT on sharing economy platforms
Reading Time: 2 minutesEstonia / EU: EU diplomats have reached an agreement on VAT [value-added tax] rule reforms that would result in tax hikes for sharing economy platforms including Airbnb and ride-sharing service Uber after Estonia dropped its previous veto position.
Estonia vetoes EU VAT proposals for sharing economy services
Reading Time: 3 minutesEstonia / EU: Estonia has vetoed plans to introduce VAT on sharing economy services such as Airbnb and Bolt in the European Union at a meeting with finance ministers in Brussels.