France-US Skirmish Over Amazon Digital Tax Shows Why The Century-old International Tax System Is Broken
from The Conversation
– this post authored by Ruth Mason, University of Virginia
France and the U.S. have managed to avoid turning their recent trade skirmish into a war – for now.
The dispute involves France’s decision last summer to unilaterally reach outside the United States-French tax treaty framework to tax U.S. tech companies like Google, Amazon, Facebook and Twitter. Calling the French tax an illegal trade practice, the U.S. vowed to retaliate with 100% tariffs on a broad range of French products.
Source: http://econintersect.com/pages/opinion/opinion.php?post=202002030344
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