Some of the biggest US tech firms are now obligated to pay a new tax under Canada's Digital Services Tax bill. The US government is pushing for a delay.
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Google has announced that advertisers in the U.K. will be charged extra to help the firm cover the costs of the new digital services tax that came into effect earlier this year on April 1.
The OECD has urged the UK to stall its plans to tax big tech revenues in the country. It comes after France announced a delay to its digital services tax after receiving pressure from the U.S.
France's economy minister, Bruno Le Maire, has announced that France will not take sanctions from the U.S. lying down. The U.S. is thinking about imposing tariffs over France's digital services tax.
The EU's upcoming finance minister has announced that a digital tax is a priority for him and that he will oversee the arrangements across the bloc on a suitable taxation level which all agree to.
France and the U.S. have come to an agreement that will allow the European country to go ahead with its Digital Services Tax plans without incurring retaliation from the Trump administration.
The United States Trade Representative's office has announced that it will be holding a public hearing about France's new Digital Services Tax on August 19, starting at 09:30 EDT (UTC-4).
The U.S. has issued a statement saying that it plans to investigate a new law in France that is expected to pass later today. France hopes to force big tech to pay more tax with the DST.
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