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It's to penalize AirBus for being propped by France and Germany, supposedly. Wine and liquor got caught up in the mix somehow too.
by larrik 6y ago
It's to penalize AirBus for being propped by France and Germany, supposedly.
Wine and liquor got caught up in the mix somehow too.
- akmarinov 6y agoIt's all due to digital taxing companies like Apple, Google, Amazon. France put in a 3% tax on digital services, some other countries did it as well. The EU as a whole plans to do a 3% tax on all digital services in 2021. The US is angry about it, since all the major tech companies happen to be american.
- orwin 6y ago>The US is angry about it, since all the major tech companies happen to be american. And chineese. This new Whatsapp thingy would have been another disaster in Europe if we were not protected by the RGPD.
- akmarinov 6y agoWhatsapp is owned by Facebook though? I'd still get off of it and have been recommending Signal or Telegram to anyone that listens.
- seanmcdirmid 6y agoChinese media tech companies don’t do much business outside of China. Alibaba already gets taxed as a retailer. Zoom actually sells something.
- eclipseo76 6y agoAnd this won't change with the Biden administration since he's been propped up by these very same companes.
- jopsen 6y ago> it's all due to digital taxing companies like Apple, Google, Amazon. Citation needed. Isn't this just part of: https://www.wto.org/english/tratop_e/dispu_e/cases_e/ds316_e.htm https://www.wto.org/english/tratop_e/dispu_e/cases_e/ds316_e... It is beyond the scope of this settlement?
- akmarinov 6y agohttps://taxfoundation.org/us-tariffs-on-french-goods-digital-tax-collection/ https://taxfoundation.org/us-tariffs-on-french-goods-digital...
- whalesalad 6y agoPenalizing one competitor in a duopoly is rewarding the other.