France to impose digital tax with or without international agreement

Started by Mackin USA, May 19, 2020, 10:46:08 AM

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Mackin USA

 France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy, its finance minister said on Thursday, adding such a tax had never been more legitimate or more necessary.

Nearly 140 countries from the Organisation for Economic Cooperation and Development (OECD) are negotiating the first major rewriting of tax rules in more than a generation, to take better account of the rise of big tech companies such as Amazon, Facebook, Apple and Google that often book profit in low-tax countries.

https://www.france24.com/en/20200514-france-to-impose-digital-tax-with-or-without-international-agreement
Mr. Mackin

rcjordan

Taxes & fees. Taxes & fees.   Better get used to them as governments and businesses try to recover from a pandemic hangover.

rcjordan


rcjordan


Rupert

I seem to remember sitting about a table with a beer with some of you lot, about 20 years ago and predicting this. 

I have to admit, I did think it was coming in the following 6 months, not taking this long.
... Make sure you live before you die.

rcjordan

> 20 years ago and predicting this.

I remember it, too.  Taxation was the topic that actually caused me to quit lurking and get involved in forums.

>6 months

I was expecting it to take 2-3 years.