The United States shouldn't try to intimidate European countries over their efforts to tax top tech companies, the EU's commissioner for taxation told CNBC.
div > div.group > p:first-child"> Taxing digital companies, such as Facebook and Alphabet's Google, has become a priority for certain European governments, including France. Last week, Paris introduced a 3 percent duty on French revenues of roughly 30 major companies, mostly from the U.S. This policy sparked criticism in the U.S., where officials argued the tax is an attack on its own companies.
According to data from the Commission, digital companies pay on average an effective tax rate of 9.5 percent in the EU — compared to 23.2 percent for traditional businesses. "The United States opposes any digital services tax proposals whether they be French or U.K.," Harter added, according to Reuters.
The Commission — the executive arm of the EU — unveiled plans a year ago to tax companies where they actually generate business, rather than where they are headquartered.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Europe has now banned Boeing’s 737 Max — should U.S. passengers be concerned?What we do (and don’t) know about the two fatal crashes involving the Boeing 737 Max.
Lire la suite »
U.S. LNG exports pick up, with Europe a major buyerShipments of U.S. liquefied natural gas (LNG) have gathered pace in March and Eu...
Lire la suite »
United States citizens will need a visa to visit Europe starting in 2021US citizens traveling to Europe without a visa will be a thing of the past come 2021.
Lire la suite »
New Requirements For Traveling To Europe: What U.S. Citizens Need to KnowBeginning July 1, 2021, to visit any one of the EU member Schengen countries for tourism, business, medical or transit purposes, travelers will need to have European Travel Information and Authorization System (ETIAS) approval.
Lire la suite »
US citizens will need to register to visit parts of Europe starting in 2021US citizens visiting parts of Europe will need authorization from the European Union come 2021.
Lire la suite »
New Requirements For Traveling To Europe: What U.S. Citizens Need to KnowBeginning July 1, 2021, to visit any one of the EU member Schengen countries for tourism, business, medical or transit purposes, travelers will need to have European Travel Information and Authorization System (ETIAS) approval.
Lire la suite »
Britain must leave EU by May 23 or hold own EU voteBritain must leave the European Union by the time EU voters elect a new European...
Lire la suite »
EU trade chief eyes narrow path for U.S. trade talksThe European Union is focused on a narrower trade negotiation with the United St...
Lire la suite »
EU ready to respond to higher U.S. tariffs with own measures: GermanyThe European Union wants to avoid a trade war with the United States but the blo...
Lire la suite »