U.S. to announce, but defer, retaliation over French digital tax-USTR
The actions, expected by industry to be announced on Friday, are tied to a U.S. Section 301 probe into France's digital tax, which Washington says discriminates against U.S. tech firms such as Google, Facebook and Apple Inc. The United States last month withdrew from multilateral talks to reach a global solution on digital services taxation, citing a lack of progress in the negotiations.
- Country:
- United States
The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from U.S. technology firms, U.S. Trade Representative Robert Lighthizer said on Thursday. The actions, expected by industry to be announced on Friday, are tied to a U.S. Section 301 probe into France's digital tax, which Washington says discriminates against U.S. tech firms such as Google, Facebook and Apple Inc.
The United States last month withdrew from multilateral talks to reach a global solution on digital services taxation, citing a lack of progress in the negotiations. "We’re going to announce that we’re going to be taking certain sanctions against France, suspending them like they’re suspending collection of the taxes right now," Lighthizer told an online event hosted by the London-based Chatham House think tank.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Robert Lighthizer
- France
- Trump
- Apple Inc
- Washington
- London
- Chatham House
- COVID-19
ALSO READ
Brio Technologies Wins 2024 Google Cloud Sales Partner of the Year Award for India
Epic Games proposes Google app store reforms after antitrust win
Foreign Secy Vinay Kwatra bolsters India-US relations on Washington visit
Biden returns to Washington as Iran launches attack on Israel
Biden to return to Washington amid Iran threats against Israel