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.”