France reprimands US over probe into digital tax scheme

France reprimands US over probe into digital tax scheme

The French government on Thursday lamented Washington's decision to open an investigation into its new tax regime for digital giants like Amazons and Google.

AgenciesUpdated: Thursday, July 11, 2019, 11:56 PM IST
article-image

Paris: The French government on Thursday lamented Washington's decision to open an investigation into its new tax regime for digital giants like Amazons and Google.

Bruno Le Maire, France's Economy Minister, defended France's sovereign right to draw up its tax scheme a day after President Donald Trump's Administration ordered a probe into the fiscal policy, which could escalate toward sanctions or tariff hikes.

Le Maire said: "I want to highlight that this is the first time in the history of relations between the US and France that the American administration has decided to open a Section 301 procedure. I firmly believe that, between allies, we can and should be able to settle our differences without threats," reported Efe news.

RECENT STORIES

TRAGIC! 2 Indian Students Accidentally Drown In Scotland's Linn Of Tumme; Found Dead

TRAGIC! 2 Indian Students Accidentally Drown In Scotland's Linn Of Tumme; Found Dead

Iran Fires Air Defence Batteries After Explosions Reported Near Isfahan; Video Surfaces

Iran Fires Air Defence Batteries After Explosions Reported Near Isfahan; Video Surfaces

Syria: Woman Screams In Pain As 7 Men Brutally Assault Her; Video Records Them Pulling Hair, Kicking...

Syria: Woman Screams In Pain As 7 Men Brutally Assault Her; Video Records Them Pulling Hair, Kicking...

Dubai Viral Video Shows Police Officer Rescue Cat Clinging To Car Door Handle Amid Devastating...

Dubai Viral Video Shows Police Officer Rescue Cat Clinging To Car Door Handle Amid Devastating...

Singapore PM Lee To Become Senior Minister, After Nation’s Baton Passes To DPM Lawrence Wong On...

Singapore PM Lee To Become Senior Minister, After Nation’s Baton Passes To DPM Lawrence Wong On...