US tech industry leaders: French digital service tax harms global tax reform

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Major tech firms and U.S. tech industry groups said on Monday that France's new digital services tax undermines the global tax regime and ...

WASHINGTON: Major tech firms and U.S. tech industry groups said on Monday that France's new digital services tax undermines the global tax regime and multilateral efforts to reform it.

"It does depart from even the outlines of what we expect out of the OECD," said Daniel Bunn, director of global projects at the Tax Foundation, commenting on OECD-wide efforts to create a global agreement on taxing the digital economy. Matthew Schruers, chief operating officer at the Computer and Communications Industry Association , representing companies like Intel Corp , eBay Inc and Netflix Inc , said at the hearing that the tax"undermines the progress made" on a new tax system on the digital economy and"supports an aggressive response to this problem."

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Missing French hiker found dead in ItalyPOLICASTRO BUSSENTINO, Italy: The body of a French hiker who disappeared nine days ago south of Naples was found on Sunday (Aug 18), local Italian ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

French waiter shot dead over slow sandwich service, witnesses sayPARIS — Police in France are hunting for a customer accused of fatally shooting a waiter at a restaurant near Paris because, witnesses said, he was upset over the wait for his sandwich.
Source: TODAYonline - 🏆 1. / 99 Read more »

Zalando to deliver orders for Adidas French websiteOnline fashion retailer Zalando has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas as it extends moves ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nine hurt in accident at fireworks show in French resortNine people were injured during a fireworks display in a popular resort in southern France when one rocket misfired close to onlookers on the beach, firefighters said Saturday. Three of those hurt in the incident in on Friday night in Collioure were taken to hospital after the device 'exploded
Source: YahooSG - 🏆 3. / 71 Read more »

French waiter shot dead for being 'too slow with sandwich'A customer shot a waiter dead at an eatery on the outskirts of Paris, apparently enraged at being made to wait for a sandwich, a source close to the investigation said Saturday. The waiter's colleagues called police after he was shot in the shoulder with a handgun in the Noisy-le-Grand suburb east
Source: YahooSG - 🏆 3. / 71 Read more »

French waiter shot dead for being 'too slow with sandwich'A customer shot a waiter dead at an eatery on the outskirts of Paris, apparently enraged at being made to wait for a sandwich, a source close to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »