The Problem with France’s Plan to Tax Digital Companies
France recently approved a 3% tax on revenues generated by large digital companies in its territory, a move that is now being investigated as a potentially unfair trade practice by the U.S. government.
The French legislation, which would invariably affect U.S. tech giants such as Alphabet, eBay, and Facebook, is the kind of tax that the European Union has wanted to impose for years. Emboldened by the...
Posted by: Vijay Govindarajan - 07/17/2019 at 06:08 am