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The Organisation for Economic Cooperation and Development says such rules cost governments around the world as much as $240 billion (193 billion euros) a year in lost revenue, according to a 2015 estimate.

""The idea is to be able to identify the activities of digital companies, so we need a range of indicators -- the number of clicks, the number of IP addresses, advertising Air Jordan 11 Retro For Sale , and eventually revenues... and then we'll find ways to tax them,"" Moscovici said.

He said the new rules would apply to giants like Google, Apple, Facebook and Amazon -- together known as GAFA -- as well as services like AirBnB and Booking.

""When you rent a room on Booking, it generates considerable revenue for a company which we don't really know where it's located Air Jordan 1 Retro For Sale , and which pays very little in taxes,"" he said.

On average internet giants pay a tax rate of 9 percent in Europe, compared with an average corporate rate of 23 percent, Moscovici said.



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