France sticks to its unilateral ‘Google tax’ — even though Trump is pissed

France sticks to its unilateral ‘Google tax’ — even though Trump is pissed

5 years ago
Anonymous $ZuTig1gZkQ

https://thenextweb.com/google/2019/08/22/france-sticks-to-its-unilateral-google-tax-even-though-trump-is-pissed/

French President, Emmanuel Macron, has started turning up the heat before this weekend’s G7 summit. At a press meeting yesterday, Macron stuck to France’s policy of upping taxes on big tech, calling the system which provides companies with a “permanent tax haven status” simply “crazy,” The Local reports.

Europe has been cracking down hard on American tech companies, issuing billions of euros in fines and implementing strict privacy laws like GDPR. Under Macron’s leadership, France has tried to take it even further by unilaterally fixing loopholes in global tax rules.