Booking CEO Opposes Proposed EU Tax as an Innovation Killer
Skift Take
Booking.com CEO Gillian Tans sounds like a typical corporate boss, opposing additional taxation as anti-business. The proposed EU tax on revenue would amount to double taxation, and that's seldom a good thing.
The European regulatory environment is already complex, and adding a tax on the revenue of technology companies would be "a real threat" to Booking.com.
That's the view of its CEO, Gillian Tans, who was interviewed by CNBC at Davos.
"Overall it will be a big disadvantage for innovation because companies should be able to invest for innovation instead of paying more taxes," said Tans, whose brand is based in Amsterdam last week. "And specifically for European companies. We are a European business that pays our taxes here in Europe already."
The proposed Europea
