In an interview with CNBC, French Finance Minister Bruno Le Maire said the United States should not regard the European proposal to impose taxes on Internet giants as an attack on the United States.
According to a proposal by the European Commission, the European Union will impose a 3% sales tax on large US technology companies such as Google, Facebook and Amazon, which generate a large part of their revenue from Europe. Previously, many EU member states complained that large technology companies such as Google avoided taxes by shifting profits to low-tax countries such as Ireland and Luxembourg.
At the same time, Lemerre also condemned the trade war launched by the United States. In fact, he said, the United States launched an attack on Europe, adopting more aggressive trade policies and imposing tariffs on imports from Europe. Lemerre said, "we did not attack the United States. Looking at the current trade situation, it is the United States that has decided to impose tariffs on European goods, not that we are attacking them.
"Fair taxation is not imposed on the United States, it is intended to be fair and effective at the international level," Lemmel said.
In response to the proposed 3% sales tax, Lemmel also explained that the tax plan would also target European companies, not just American ones. "Some European companies will also be included in the scope of Taxation," he said. In theory, the European versions of Google and Facebook will also be taxed as they enter the European market. (Li Ming)
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