U.S.-France Trade Fight Is The Latest Front In Digital Tax Debate

The video discusses the global challenge of taxing big tech companies, focusing on the US-French tensions over the GAFA tax, which targets Google, Amazon, Facebook, and Apple. France's digital tax aims to tax digital services revenue, leading to US threats of tariffs on French imports. Other countries like Italy, Austria, and Turkey are also considering similar taxes. The OECD is working on a global standard for digital taxes, with industry groups warning that unilateral taxes could disrupt these efforts. France has pledged to adjust its tax once OECD proposals are finalized, but tensions remain high.

What are the potential consequences of countries adopting unilateral taxation regimes?

What is the expected timeline for the OECD to release its digital tax proposals?