Sina U. S. stocks December 3-the Office of the United States Trade Representative said that France's Digital Services tax (DST) discriminates against American companies and is inconsistent with the current international tax policy. In response to the French digital tax, the agency proposed tariffs on 2.4 billion dollars of French goods and considered investigating Italy, Turkey and Austria on the digital tax.
According to the Office of the United States Trade Representative, France's digital services tax discriminates against American companies and is inconsistent with existing international tax policy principles, which is an unusual burden for affected American companies. Specifically, DST in France discriminates against American digital companies, such asAlphabet Inc-CL C、Apple、Facebook IncAndAmazon.
"Today's decision by the Office of the United States Trade Representative sends a clear signal that the United States will take action against digital tax systems that discriminate against or otherwise unduly burden American companies," said Robert Lightshitzer (Robert Lighthizer). In fact, the Office of the United States Trade Representative is considering whether to launch a 301 investigation into digital services taxes in Austria, Italy and Turkey. The Office of the United States Trade Representative focuses on combating growing protectionism in EU member states, which is unfairly directed against US companies, whether through the imposition of a digital services tax or other measures aimed at leading US digital services companies. "
The office of the US trade representative said that France's DST was unreasonable, discriminatory and a burden on US trade. It proposed additional tariffs of up to 100 per cent on some French products, including a list of 63 products that could be subject to tariffs, with a total trade volume of about $2.4 billion.