Digital tax: Macron calls for fairer taxation of Internet companies

Source: Heise.de added 14th Dec 2020

  • digital-tax:-macron-calls-for-fairer-taxation-of-internet-companies

Internet companies should pay more taxes from the point of view of French President Emmauel Macron. “We need fairer taxation,” demanded the 42 – year-old on Monday in Paris with a view to corporations like Google and Facebook. Macron spoke at an anniversary event organized by the industrialized nations organization OECD. The Agreement for the Organization for Economic Co-operation and Development (OECD) was exactly 60 years ago in the year 1960 has been signed.

“Citizens no longer accept this” The corona crisis accelerated digitization, said Macron. “A handful of Internet companies” increased their profits during the crisis. In the opinion of the head of state, however, the companies mostly did not pay their fair share of tax. Macron said many citizens no longer accepted this behavior. He did not name the company.

The OECD has been negotiating an international solution for a digital tax for some time. Due to the corona pandemic and political differences of opinion, the talks are progressing more slowly than planned, according to earlier information.

Dispute with the USA, EU single-handedly Macron explicitly requested an agreement by mid-way at the latest 2021 – this corresponds to the new schedule. His country had 2019 introduced a national digital tax, but initially did not apply it due to the ongoing international negotiations. The USA had repeatedly threatened France with punitive tariffs because of this tax. If there is no global agreement, the EU Commission will 2021 single-handedly enforce a regulation.

(tiw)

Read the full article at Heise.de

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