Technology tax set to dominate Group of Seven finance ministers meeting

Paris — A row over taxing technology giants is set to dominate a meeting of Group of Seven finance ministers near Paris this week, with the world’s leading industrialised nations already riven by disruptive US trade policies.

The French measure does not specifically target US internet giants, but it is commonly called the Gafa tax, an acronym for Google, Amazon, Facebook and Apple. Washington and Beijing have lashed out at each other with punitive tariffs on about $360bn in goods in a trade dispute that has roiled global financial markets and undermined business confidence.

“It won’t be possible to set a rate at this meeting,” said the official. “It’s premature. We need to get agreement on the principle first.”

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Eskom group treasurer resigns | IOL Business ReportEskom group treasurer Andre Pillay has resigned after close to two years in the post, the troubled power utility said on Monday.
La source: IOL - 🏆 46. / 51 Lire la suite »

Eskom Group Treasurer Andre Pillay quits - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom's Group Treasurer Andre Pillay has become the latest high-profile resignation from the struggling power utility.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »