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Who said it was only targeting US companies? 26 companies fall under the required threshold. Not all of them are US based and there's even a French one (criteo

Who said it was only targeting US companies? 26 companies fall under the required threshold. Not all of them are US based and there's even a French one (criteo). Here is the full list [1]: • Sales of goods: Alibaba, Amazon, Apple, Ebay, Google, Groupon, Rakuten, Schibsted, Wish, Zalando. • Services: Amadeus, Axel Springer, Booking, Expedia, Match.com, Randstad, Recruit, Sabre, Travelport Worldwide, Tripadvisor, Uber. • Advertisement: Amazon, Criteo, Ebay, Facebook, Google, Microsoft, Twitter, Verizon. [1] http://www.lefigaro.fr/conjoncture/2019/03/20/20002-20190320ARTFIG00213-la-taxe-gafa-concerne-26-entreprises-en-france.php http://www.lefigaro.fr/conjoncture/2019/03/20/20002-20190320...

mises 7y ago
Most of those are still American businesses (twenty of twenty-nine, or over two-thirds). Another interesting way to look at it would be by revenue breakdown - I suspect the total revenue of American companies may be disproportionately high.
- romwell 7y ago
  Yeah right, who'd even notice Alibaba? FYI, Alibaba's revenue (~56B) exceeds that of Ebay (~10B), Uber (~11B), Expedia (~11b), Twitter (~3b), Groupon (~3v) and Tripadvisor (~2b) combined. Yes, Amazon/Apple/Microsoft/Google/Verizon are still huge. But it doesn't mean there aren't other big fish out there.
  - azinman2 7y ago
    But what’s Alibaba’s revenue from France? I suspect the proportion is quite low compared to American companies.
    - romwell 7y ago
      What's Verizon's revenue from France? I suspect the proportion is quite low compared to Chinese companies.
- eeeeeeeeeeeee 7y ago
  Well, let’s compare tax rates the foreign companies pay with the local French companies. Something tells me that the American companies are making out like bandits compared to the French ones that have to pay all local taxes. I see this as as an attempt to equalize the competitive playing field. This is just another example of Americans (and hey, I’m American) feeling they are permitted to do whatever they want, even outside of their own borders. It’s peak arrogance.
Allower 7y ago
Wait Sabre is a real company?

mises 7y ago

Most of those are still American businesses (twenty of twenty-nine, or over two-thirds). Another interesting way to look at it would be by revenue breakdown - I suspect the total revenue of American companies may be disproportionately high.

romwell 7y ago
Yeah right, who'd even notice Alibaba? FYI, Alibaba's revenue (~56B) exceeds that of Ebay (~10B), Uber (~11B), Expedia (~11b), Twitter (~3b), Groupon (~3v) and Tripadvisor (~2b) combined. Yes, Amazon/Apple/Microsoft/Google/Verizon are still huge. But it doesn't mean there aren't other big fish out there.
- azinman2 7y ago
  But what’s Alibaba’s revenue from France? I suspect the proportion is quite low compared to American companies.
  - romwell 7y ago
    What's Verizon's revenue from France? I suspect the proportion is quite low compared to Chinese companies.
eeeeeeeeeeeee 7y ago
Well, let’s compare tax rates the foreign companies pay with the local French companies. Something tells me that the American companies are making out like bandits compared to the French ones that have to pay all local taxes. I see this as as an attempt to equalize the competitive playing field. This is just another example of Americans (and hey, I’m American) feeling they are permitted to do whatever they want, even outside of their own borders. It’s peak arrogance.

Allower 7y ago

Wait Sabre is a real company?