Google pays France over $1 billion to settle tax case

[ad_1] This Thursday, Jan. 3, 2013, file photo shows Google’s headquarters in Mountain View, Calif. Two bipartisan groups of state attorneys general are launching separate antitrust investigations into Facebook and Google, Friday, Sept. 6, 2019, adding to regulatory scrutiny of two of the world’s largest and most ubiquitous tech companies.(AP Photo/Marcio Jose Sanchez, File) Tech […]

Brussels mulls car use tax to cut traffic jams

[ad_1] The Belgian capital is notorious for its traffic jams Officials in the Brussels region are looking at a new tax to tackle the city’s notorious traffic jams by penalising heavy car use, the region’s minister for mobility said Wednesday. It would be linked to the length and frequency of journeys, replacing a fixed-rate tax […]

Digital tax deal in works but key questions 'outstanding': OECD

[ad_1] Pascal Saint-Amans is overseeing talks aimed at establishing a global framework for taxing the operations of technology multinationals G7 leaders announced at their Biarritz summit meeting this week a pledge to update international tax rules, in particular with regards to technology giants whose operations span the globe, by next year. For Pascal Saint-Amans, who […]

US tech industry group denounces Trump deal on France digital tax

[ad_1] US President Donald Trump (L) and French President Emmanuel Macron unveiled an agreement allowing France’s digital tax to remain in place until a new global taxation plan takes effect A US trade group representing major technology firms on Tuesday denounced an agreement on France’s digital tax announced by Presidents Donald Trump and Emmanuel Macron […]

Macron says tech giants enjoy 'permanent tax haven status'

[ad_1] Trump and Macron have clashed over Paris’s taxation plan for digital giants with the US president denouncing his French counterpart’s “foolishness” French President Emmanuel Macron, who will defend a global tax on tech giants at this weekend’s G7 meeting, on Wednesday criticised a “crazy” system that gives firms a “permanent tax haven status”. “The […]

Google, Facebook, Amazon decry French digital tax as 'discriminatory'

[ad_1] Amazon, Facebook and Google appeared at a USTR hearing on possible countermeasures to the French digital tax and were unanimous in calling the tax a “troubling precedent” American tech giants Amazon, Facebook and Google joined forces on Monday to decry the French digital tax as retroactive and discriminatory. President Donald Trump is considering retaliating […]

Amazon says French clients to bear cost of new French digital tax

[ad_1] Amazon is one of several American internet giants targeted by a new French tax on digital revenues, drawing the ire of US President Donald Trump Amazon plans to pass on the costs of France’s new digital tax on internet giants to the businesses that use its Marketplace platform for finding customers, instead of taking […]

France aims for US digital tax deal by late August: minister

[ad_1] Trump and Macron have clashed over Paris’s taxation plan for digital giants with the US president denouncing his French counterpart’s “foolishness” France wants to reach a deal with the US on taxing tech giants by a G7 meeting in late August, Economy Minister Bruno Le Maire said Saturday. He was responding to US President […]

Nordics block European Commission tech tax levy to protect digital investment

[ad_1] Nordic solidarity proved a formidable force in March, when it helped alter the course of a European Commission (EC) proposal to introduce an EU-wide digital services tax. The three Nordic EU-member states stood in solid opposition to the EC initiative, enlisting support from other small-nation EU members to block the move. The steely determination […]