Debate heats up over how countries tax Big Tech companies

FRANKFURT, Germany: An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden’s new administration.

A mid-year deadline is on the horizon for talks about a global deal to defuse trade disputes with France and other countries that are imposing go-it-alone digital taxes that the United States views as discriminatory.

France imposed a 3% tax on digital revenue for large tech companies, in effect singling out the U.S. tech giants. The French government has said it would withdraw the tax in favor of an international solution being negotiated under the auspices of the Organization for Economic Cooperation and Development, a Paris-based international organization of 37 advanced economies.

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