Finance Minister Bruno Le Maire said on Saturday France would proceed with its tax on the revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to fairly raise levies on digital services.
Le Maire was responding to US President Donald Trump’s threat to tax French wines in retaliation for France’s digital services tax, which Trump says unjustly targets US companies.
“It’s in our interest to have a fair digital tax,” Le Maire told reporters. “Please do not mix the two issues. The key question now is how we can we get consensus on fair taxation of digital activities.”
-
France to unveil new space defense strategy
France will on Thursday outline a new strategy for defense in space after President Emmanuel Macron announced the creation of a French space force ... World News -
France, Italy, Denmark back European-led naval mission for Hormuz: diplomats
France, Italy, the Netherlands, and Denmark support a European-led naval mission to ensure safe shipping through the Strait of Hormuz, three senior EU ... Middle East -
Supreme Court allows Trump to use billions in Pentagon funds for border wall
The US Supreme Court on Friday ruled in favor of President Donald Trump, allowing him to proceed with plans to divert billions of dollars in Pentagon ... World News -
Trump slams Macron over tech tax, threatens French wine
US President Donald Trump on Friday accused his French counterpart Emmanuel Macron of “foolishness” over a move to tax global tech giants, ... Technology