Thursday, 11 July 2019

yo gafa gafa

Despite US threats and the spectre of more retaliatory tariffs from a regime that has a diminishing quiver of tools of statecraft at its disposal, France has voted in favour of a retroactive digital services tax regime (previously) that would seek to recuperate and going forward glean revenue from multinational—though nominally America when it’s convenient—corporations, who currently pay little to no corporate tax domestically, despite demonstrable earnings in the country. France will net an estimated four hundred million euro this year and hopes other nations will join in demanding that the tech, social media giants pay their fair share.