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

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WASHINGTON (AFP) - American tech giants Amazon, Facebook and Google joined forces on Monday (Aug 19) to decry the French digital tax as retroactive and discriminatory.. Read more at straitstimes.com.

WASHINGTON - American tech giants Amazon, Facebook and Google joined forces on Monday to decry the French digital tax as retroactive and discriminatory.

The so-called GAFA companies appeared at a USTR hearing on possible countermeasures and were unanimous in their complaints, calling the tax a"troubling precedent". The proposed three per cent tax on total annual revenues of companies that provide services to French consumers applies only to the largest tech companies, which are mostly US-based.

"Amazon cannot absorb the expenses," and the company"already informed partners that their fee will increase starting October 1," he added Some internet heavyweights have taken advantage of low-tax jurisdictions in places like Ireland while paying next to nothing in other countries where they derive huge profits.

 

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