WASHINGTON (Reuters) – Major tech firms and U.S. tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts to reform it.
Alphabet’s Google, Facebook, and Amazon.com and major trade associations testified Monday against the tax at a hearing before the U.S. Trade Representative’s office and other government officials.
The French Senate in July approved a 3% levy that will apply to revenue from digital services earned in France by companies with more than 25 million euros in French revenue and 750 million euros ($838 million) worldwide. The French government but failed to garner enough support for Europe-wide effort.
“It does depart from even the outlines of what we expect out of the OECD,” said Daniel