France's Macron presses US to help reform taxes on tech giants
PARIS (Reuters) - French President Emmanuel Macron Wednesday said US tech giants paid unfairly low taxes, failing to contribute to the common good, and urged Washington to help reform the global corporate tax code.
“The big digital players are not contributing to the common good,” Macron told reporters days ahead of a G7 summit in France. “I don’t agree with this system, I don’t think it’s a good one, including for American workers.”
Internet giants such as Facebook, Alphabet’s Google and Amazon are currently able to book profits in low-tax countries like Ireland and Luxembourg, no matter where the revenue originates.
Macron says taxing big tech more heavily is a matter of social justice and is pressing for a universal tax code for digital services.
France’s parliament in July approved a 3% levy on the revenue from digital services earned in France by firms with more than 25 million euros ($27.75 million) in French revenue and 750 million euros worldwide.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔