Following slow progress on international agreements, France has doubled down on its digital service tax. First announced in 2019 and implemented in 2020, the digital service tax (DST), which targets companies with €750 million ($790 million) in an annual global turnover and at least €25...
Here’s the latest news for Big Tech’s Google, Amazon, Apple and Facebook, which are coming under increasing scrutiny from legislators and regulators the world over. Regulation Russian Legislator Seeks to Place Limits on App Commissions Russian legislator Fedot Tumusov sent a draft bill to the...
The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported. The 2 percent Digital Services Tax (DST) assessed against social media platforms, internet search engines and online marketplaces, will be...
Despite President Donald Trump’s recent threats, French Finance Minister Bruno Le Maire said that his country is moving forward with taxing big tech firms. His comments came after Trump threatened to tax French wines in retaliation for its plan for a digital services tax, which...
August 23, 2020
The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported. The 2 percent Digital Services Tax (DST) assessed against social media platforms, internet search engines and online marketplaces, will be abandoned because Chancellor Rishi Sunak reportedly told a source that […]
July 28, 2019
Despite President Donald Trump’s recent threats, French Finance Minister Bruno Le Maire said that his country is moving forward with taxing big tech firms. His comments came after Trump threatened...
July 11, 2019
The U.S. government will investigate whether a French plan to tax American technology companies is fair, and it could potentially issue retaliatory tariffs in response, according to a report by...
