Tax Gafa : Washington announces sanctions against France, but the freezing - Point

The tax Gafa knows yet another twist. The administration Trump announced on Friday the retaliatory measures aimed at French products representing $ 1.3 billion

Tax Gafa : Washington announces sanctions against France, but the freezing - Point

The tax Gafa knows yet another twist. The administration Trump announced on Friday the retaliatory measures aimed at French products representing $ 1.3 billion to punish Paris for having introduced a tax on the tech giants american, but has frozen their application to help find a negotiated settlement to the conflict.

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"the office of The us trade representative has decided today to impose additional customs duty of 25% on French products with a market value of $ 1.3 billion in response to the adoption by France of a tax on digital services that unfairly targets businesses of digital technology in the u.s." indicated the services of Robert Lighthizer, stating that the rights of an additional duty included cosmetics and handbags.

Suspension for 180 days

But " in order to allow more time to try to solve this problem, including through ongoing discussions within the Organization of economic cooperation and development (OECD), and in recognition of the agreement of France to delay the collection of his fee until the end of the year, the trade representative has decided to suspend the application of these customs duties during 180 days ", according to the american administration.

Read also Read also FORUM. Why the "tax Gafa" is not satisfactory

Updated Date: 10 July 2020, 17:33

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