Data know no borders – and so American corporations, which earn plenty of to slip, often through the mesh of the tax laws. The Grande Nation is going on now, however, ensures that President Trump for annoyance.
“If someone raises taxes, then we”: US President Trump (file photo)
US President, Donald Trump has threatened France because of the recently approved tax for global Internet companies with “significant retaliation”. Trump described the digital tax on Twitter as a by the French President Emmanuel Macron’s “stupidity”.
If anyone your the big American Internet companies to the best, then it should be the United States, he explained. According to trump’s Tweet, the White house released a statement in which it says that the United States was disappointed because of France’s decision, a digital tax “at the expense of US firms and workers” introduce “extreme”.
Solution single-handedly
In the absence of a European or global solution Paris had single-handedly a tax for Internet companies is on the way. It targets large and internationally active companies such as Google, Amazon, Facebook and Apple. Companies in France, more than 25 million euros in sales, to, among other things, a three percent tax on local Online advertising pay revenues. Many of the companies affected have their headquarters in the United States. US Internet companies do not pay in taxes, because they are there, often with branches being physically present. The US government sees the tax as a “non-discrimination” by US companies.
Don’t want to wait for others: the President of France, Macron (file photo)
France made it clear, meanwhile, that it will adhere to the new digital tax for large Internet companies. “The universal taxation of digital activities is a challenge for all of us,” said economy Minister Bruno Le Maire. The aim of his government to an international agreement “in the G7 and the OECD”. “Until then, France will implement its national decisions”, – stressed the Minister.
The US government had already announced after the adoption of the tax law in the French Senate two weeks ago, to examine the effect on the US trade. Depending on the result of tariffs or other trade restrictions for certain French products, as the consequences would be in question. The subject of digital tax will also play at the G7 summit of leading economic Nations at the end of August in the French Biarritz a role.
Trump as a wine connoisseur?
Trump couldn’t resist on Twitter and a dig at one of the French core competencies: “I have always said that American wine is better than French,” he wrote. In the past, the President had declared, however, to not drink alcohol. Many outstanding American wines come from the Federal state in which the digital giants have their headquarters: California.
jj/uh/kle (dpa, rtr, afp)