Posted on 09/16/2017 10:08:48 AM PDT by Olog-hai
French Finance Minister Bruno Le Maire accused US internet giants on Friday of escaping their fair share of taxes in Europe, as he pushed the EU to urgently address the issue.
Big EU countries have become increasingly frustrated that internet giants such as Amazon, Apple, Facebook and Google escape paying a fair tax by basing their operations in lower-tax EU states such as Ireland and Luxembourg.
“We need to make sure in Europe that all companies are paying their fair share of tax, that is the meaning of our initiative,” Le Maire told reporters on the sidelines of talks with his EU counterparts in Tallinn, Estonia. “You know that this is not the case. That huge companies, huge internet companies are not paying a fair contribution to Europe.”
Le Maire said he would formally unveil his proposal on Saturday to reverse the problem. The plan already has the formal backing of Germany, Spain and Italy with Bulgaria, Austria, Greece and Latvia also ready to come on board. …
(Excerpt) Read more at thelocal.fr ...
I am completely in favor of anything that hammers Liberal industries (especially in California) and deprives those arrogant bastards of money.
The only way to educate these fools to the error of their ways is to make them live in the real world. They need to be separated from their money.
France slams Silicon Valley for skirting tax in Europe
Exactly how would France propose to equalize the situation. Randomly? According to Population? According to GDP? What would France consider 'fair"? Seriously corporations are free to locate pretty much anywhere they want.
How ‘bout France pays America a tax for the cost of liberating them during World War II?
If you said Hilary was skirting the law, it’d be a sexist comment.
Of course, she actually broke it on many occasions but there’s no humor in that.
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