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Amazon Says French Clients to Bear Cost of France's New Digital Tax
"As we operate in the very competitive and low-margin retailing sector, and invest MASSIVELY in creating NEW! tools and services for our clients and vendor partners, we CANNOT WITHSTAND an additional tax," the company told AFP in a statement.
unprecedented. egregious. inconceivable.
The French government said it had no choice but to take action, though it is hoping to secure an international agreement that would include all OECD countries by the end of 2020. The issue will be high on the agenda when France hosts a G7 summit meeting in the Atlantic resort town of Biarritz later this month.
U.S. President Donald Trump has slammed the levy and pledged on Twitter to retaliate with "substantial reciprocal action on Macron's foolishness" -- include a threat of new taxes on French wines.

France passes GAFA taxing ["digital services" sales]
G7 summit, Biarritz, France, 24-26/08/2019

Diversity is the key to economic and political evolution.

by Cat on Fri Aug 2nd, 2019 at 12:17:16 AM EST
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