US tech industry leaders warn France on digital service tax

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Google, Facebook, Amazon.com and major trade associations tell US hearing France’s new levy undermines the global tax regime

Jonas Ekblom and David ShepardsonWashington — Major tech firms and US tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts to reform it.

The French Senate in July approved a 3% levy that will apply to revenue from digital services earned in France by companies with more than €25m in French revenue and €750m worldwide.

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