“Since we have to deal with Mr. Putin, Mr. Trump or Mr. Erdogan, it’s time for Europe to pull itself together and defend its own interests, to make Google, Amazon and Facebook pay the taxes they owe in Europe,” he added, as quoted by Reuters.
In a recent effort to crack down on aggressive tax avoidance practices, Brussels has introduced a new set of rules to be implemented by 2019. The measure aims to close all the tax regulation loopholes big businesses are currently abusing.
The step followed a series of high-profile tax scandals in Europe.
Last August, the European Commission (EC) ruled that Apple owed Ireland €13 billion ($14.5 billion) in back taxes covering a 10-year period.
In October 2015, the EC discovered Starbucks had received illegal tax advantages from the Dutch government. Brussels ordered the Netherlands to collect about €30 million in back taxes from the company.
In December, the regulator accused one of the McDonald’s units of not paying tax in Luxembourg since 2009 despite large profits there. The fast food giant said it would move its non-US tax base from Luxembourg to Britain due to the increased scrutiny over its tax arrangements.