Breaking News

KIOXIA expands EXCERIA line with new EXCERIA G3 SSD series TerraMaster TOS 7 Beta Now Open Worldwide CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen Club3D announces new products! Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Google, Facebook Protest French Tech Tax

Google, Facebook Protest French Tech Tax

Enterprise & IT Aug 19,2019 0

Alphabet Inc.’s Google, Facebook Inc. and Amazon.com Inc. all testified in Washington on Monday in support of the Trump administration’s efforts to punish France for enacting a 3% tax on global tech companies with at least 750 million euros ($832 million) in global revenue and digital sales of 25 million euros in France.

France’s digital tax “is a sharp departure from long-established tax rules and uniquely targets a subset of businesses,” Nicholas Bramble, trade policy counsel at Google, said at the U.S. Trade Representative’s Office hearing in Washington on Monday. “French government officials have emphasized repeatedly that the” tax is intended to target foreign technology companies.

Major tech firms warned of increased costs.

“Unilateral measures like the DST are harmful to Facebook and the digital economy,” Alan Lee, Facebook’s global head of tax policy, said in a statement.

Amazon’s international tax policy director Peter Hiltz said more than 10,000 French-based businesses are selling on Amazon’s online stores and notified them certain fees will increase by 3% for Amazon.fr sales starting Oct. 1.

The U.S. is probing France’s new tax using a tool that could be a precursor to new tariffs or other trade restrictions.

The U.S. is looking to use France as an example to deter other countries from targeting American technology firms for tax dollars. The U.K., New Zealand, Spain and Italy are among countries considering their own digital taxes, a move that U.S. officials say could lead to companies being taxed multiple times on the same profits.

Trump has threatened to tax French wine or other goods in response to the digital tax.

Tags: GooglefacebookAmazon
Previous Post
Semiconductor Startup Cerebras Systems Shows Off the World’s Biggest Processor for AI
Next Post
Sony Buys 'Spider-Man' Developer Insomniac Games

Related Posts

  • AWS introduces Graviton5 CPU

  • Google announces Pixel 10, Pixel 10 Pro Fold and Pixel Buds 2a

  • Crucial UK Amazon Tech Week Promos - May 2025

  • Elevate your gameplay across mobile and PC

  • What’s new in Android 15, plus more updates

  • Crucial UK - Amazon Prime Deals

  • Crucial UK Amazon Prime Deals July 2024

  • NVIDIA Teams Up With Google DeepMind to Drive Large Language Model Innovation

Latest News

KIOXIA expands EXCERIA line with new EXCERIA G3 SSD series
Enterprise & IT

KIOXIA expands EXCERIA line with new EXCERIA G3 SSD series

TerraMaster TOS 7 Beta Now Open Worldwide
Enterprise & IT

TerraMaster TOS 7 Beta Now Open Worldwide

CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen
PC components

CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen

Club3D announces new products!
Enterprise & IT

Club3D announces new products!

Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere
Enterprise & IT

Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed