Amazon, Facebook, Apple & Others Being Unfairly Targeted By France Believes US Representative

Amazon, Facebook, Apple & Others Being Unfairly Targeted By France Believes US Representative

4 years ago
Anonymous $4bURcB5AtU

https://wccftech.com/amazon-apple-alphabet-digital-tax-france/

Last week, the Office of the United States Trade Representative announced that its inquiry into France's decision of imposing a tax on American companies operating in the country. The French, earlier this year, passed a law that required companies providing digital internet-based advertising services to French citizens, to pay a 3% tax on their revenues. The law applies to entities earning more than 750 million euros globally and 25 million euros in France.

Today, Ambassador Robert Lighthizer has confirmed that France's tax law, dubbed as the Digital Services Tax, is unfair towards tech giants Google, Apple, Facebook, Microsoft and Amazon. Take a look below for more details.