And hey Europe, if you want to fight back in that trade war instead of shooting blank rounds, don´t talk about Levis, Harley and Bourbon Whiskey.
Think about Google, Amazon, Apple and Co, those tax dodgers! That is the market that is huge and important for the "U"S here!
Funny you should say that as they are also on the list :
Bruno Le Maire, France's minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be
revealed by European authorities.
Le Maire told French newspaper Le Journal du Dimanche "A European directive will be unveiled in the coming weeks, the minister reveals, and it will
mark a considerable step forward."
The minister told the paper that a tax of between two and six per cent has been considered, with the proposal to be "closer to two than six."
Link : www.theregister.co.uk...
And this :
The EU is pushing ahead with plans to rewrite tax rules for technology companies, aimed at increasing governments’ take from the likes of Google,
Facebook and Amazon.
The European commission is looking at ways to capture tax from companies that may have no offices, shops or other physical presence in a country, but
are accruing profits through large numbers of online users or customers.
A report published by the commission on Thursday said technology companies paid less than half the tax of bricks-and-mortar businesses.
A digital business with international operations typically pays a 10.1% tax rate in the EU, compared with a 23.2% rate levied on traditional
companies, said the report.
In reality, many technology companies pay far less than their high street rivals. Amazon’s corporation tax bill in the UK is 11 times smaller than
that of British bookstores, a recent study found. In Ireland, the European commission concluded that Apple paid 0.005% to Irish tax authorities in
2014, far below the corporation tax rate of 12.5%. Apple continues to fight the ruling.
Link : www.theguardian.com...
About time those robbing sods got their breeches pulled up!