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USA/France-Tariffs/Digital Tax
FILE: Paris, France - March 26-27, 2019 (CCTV - No access Chinese mainland)
1. Various of Arc de Triomphe, national flag of France
FILE: Champagne, France - January 2019 (Exact Date Unknown) (CGTN - No access Chinese mainland)
2. Various of wine barrels, bottles of wine
3. Information on small blackboard
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
4. Various of U.S. Capitol building, U.S. national flag
FILE: Los Angeles, USA - Feb 22, 2017 (CGTN - No access Chinese mainland)
5. Various of logo of Google
FILE: Date and Location Unknown (CGTN - No access Chinese mainland)
6. Various of Facebook page
FILE: USA - Date Unknown (CGTN - No access Chinese mainland)
7. Various of user browsing Facebook page on computer
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of Amazon's off-line bookstore, customers
The U.S. proposed to slap additional tariffs of up to 100 percent on some 2.4 billion U.S. dollars' worth of French products, after concluding that France's digital services tax (DST) harms U.S. companies.
The U.S. initiated its Section 301 investigation into France's planned tax on digital services on July 10, accusing the French government of "unfairly targeting the tax at certain U.S.-based technology companies."
In a statement released Monday afternoon, the Office of U.S. Trade Representative (USTR) said it has completed the first segment of the investigation and concluded that France's DST discriminates against U.S. companies, such as Google, Apple, Facebook, and Amazon.
The USTR is issuing a Federal Register notice explaining the issue, soliciting comments from the public on the proposed action, which includes additional duties of up to 100 percent on certain French products, including Champagne, cheese and handbags.
The USTR is also exploring whether to open Section 301 investigations into the digital services taxes of Austria, Italy, and Turkey.
The DST imposes a three-percent tax on total annual revenues generated by some companies from providing certain digital services to, or aimed at, French users.
The tax applies only to companies with total annual revenues from the covered services of at least 750 million euros (around 830.36 million U.S. dollars) globally and 25 million euros (around 27.68 million U.S. dollars) in France.
USA/France-Tariffs/Digital Tax
Dateline : Dec 2, 2019/File
Location : France United States
Duration : 1'14
FILE: Paris, France - March 26-27, 2019 (CCTV - No access Chinese mainland)
1. Various of Arc de Triomphe, national flag of France
FILE: Champagne, France - January 2019 (Exact Date Unknown) (CGTN - No access Chinese mainland)
2. Various of wine barrels, bottles of wine
3. Information on small blackboard
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
4. Various of U.S. Capitol building, U.S. national flag
FILE: Los Angeles, USA - Feb 22, 2017 (CGTN - No access Chinese mainland)
5. Various of logo of Google
FILE: Date and Location Unknown (CGTN - No access Chinese mainland)
6. Various of Facebook page
FILE: USA - Date Unknown (CGTN - No access Chinese mainland)
7. Various of user browsing Facebook page on computer
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of Amazon's off-line bookstore, customers
The U.S. proposed to slap additional tariffs of up to 100 percent on some 2.4 billion U.S. dollars' worth of French products, after concluding that France's digital services tax (DST) harms U.S. companies.
The U.S. initiated its Section 301 investigation into France's planned tax on digital services on July 10, accusing the French government of "unfairly targeting the tax at certain U.S.-based technology companies."
In a statement released Monday afternoon, the Office of U.S. Trade Representative (USTR) said it has completed the first segment of the investigation and concluded that France's DST discriminates against U.S. companies, such as Google, Apple, Facebook, and Amazon.
The USTR is issuing a Federal Register notice explaining the issue, soliciting comments from the public on the proposed action, which includes additional duties of up to 100 percent on certain French products, including Champagne, cheese and handbags.
The USTR is also exploring whether to open Section 301 investigations into the digital services taxes of Austria, Italy, and Turkey.
The DST imposes a three-percent tax on total annual revenues generated by some companies from providing certain digital services to, or aimed at, French users.
The tax applies only to companies with total annual revenues from the covered services of at least 750 million euros (around 830.36 million U.S. dollars) globally and 25 million euros (around 27.68 million U.S. dollars) in France.
ID : 8128901
Published : 2019-12-03 16:36
Last Modified : 2019-12-03 19:04:00
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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