Poland Plans to Impose Up to 3% Digital Services Tax on Large Platforms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
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Should l Buy GOOG?
Poland says it plans to continue working on a digital services tax of up to 3% on large digital platforms, despite the U.S.' threats of retaliation, like tariffs, Bloomberg's Agnieszka Barteczko reports. "Representatives of the US administration are expressing far-reaching skepticism, but I remain firm -- we are the ones who set taxes in Poland," PAP news agency quoted Finance Minister Andrzej Domanski as saying. The tax would apply to firms with global revenues above EUR 1 billion and at least 25 million zloty in revenues reported in Poland.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 397.170
Low
255.00
Averages
336.08
High
400.00
Current: 397.170
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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