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Why Meta Needed Trump’s Backing in the Digital Tax Fight
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Subscribe01 SEP 2025 / ACCOUNTING & TAXES
Mark Zuckerberg of Meta (formerly Facebook) and former US President Donald Trump engaged in discussions last week over digital service taxes (DSTs), which have been implemented by some European nations on ad revenues of large tech companies. The implementation of DSTs could significantly impact Meta's quarterly profits and has led to threats from Trump of tariffs and bans on chip exports, potentially escalating into a wider trade war and impacting digital businesses worldwide.
If politics is theater, then tech CEOs are the reluctant stars, dragged under the spotlight whether they like it or not. Last week, Mark Zuckerberg whispered his digital tax anxieties into Donald Trump’s ear at the White House. Days later, Trump roa...
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