Stars and Stripes stripes.com 08 Jan, 2021 10:30 am

France hopes lift as US freezes tariffs over tech tax

France hopes lift as US freezes tariffs over tech tax
While France has led the charge on tech taxes, several other countries have introduced similar measures that worry the U.S., including Britain, India, Turkey and Brazil.

indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants.government argues that the French tax unfairly targets American companies.France says that its tax targets any company with huge revenues, and is aimed at making the tech giants pay taxes in the countries where they do business instead of tax havens.While France has led the charge on tech taxes, several other countries have introduced similar measures that worry the U.

Trade Representative's office said in a statement Thursday that it suspended the tariffs targeting France, which had been scheduled to enter in force this week, because it is investigating similar tech taxes from a growing number of other countries, too.France hopes lift as US freezes tariffs over tech tax People stroll on the Trocadero square to watch the Eiffel Tower lightings, Friday, Dec.

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