Goy tuuhuud: France urges 'wake-up call' on tax for US web giants

Monday, September 17, 2018

France urges 'wake-up call' on tax for US web giants

"I urge my European counterparts to hear the wake-up
call; that they listen to what European citizens want," Le Maire told France 2 television.
The tax, which Paris hopes to implement early next year, targets multinationals which declare


their revenues from across the 28-member European Union in a single low-tax jurisdiction, depriving other countries of billions of euros in fiscal revenue.
It would mainly affect US companies with worldwide annual turnover above 750 million euros ($870 million), such as Facebook, Google, Twitter, Airbnb and Uber.
"European citizens want justice, they want fiscal justice," Le Maire said.
"They don't understand why we allow companies like Google, Amazon and Facebook pay 14 percentage points less in tax than small and midsize businesses, or a European ," he said.


Read more at: https://phys.org/news/2018-09-france-urges-wake-up-tax-web.html#jCp

0 comments:

Post a Comment