Trump threatened to tax French wine, French agriculture minister says "completely moronic".

nomad

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The US is considering tariffs on cheese, sparkling wine and makeup

that target leading US digital services companies," he said.

France has long argued that taxes should be based on digital activity, not just where firms have their headquarters.

Its new law imposes a 3% tax on sales of certain digital services that happen within its borders. It applies to any digital company with revenue of more than €750m ($850m; £670m) - of which at least €25m is generated in France.

The tax will go into effect retroactively from early 2019 and is expected to raise about €400m this year.

About 30 companies are expected to pay it, mostly US firms such as Alphabet, Apple, Facebook, Amazon and Microsoft.

Amazon has already responded by raising fees for French businesses by 3%.


US mulls retaliation to French tech tax


Amazon, Fuck Amazon and all who buy from her
 
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rumble phish

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Oh noes! Tariffs on French wine, champagne, make up and handbags?! Say it isn't so! I'm guessing that'll put a serious damper on your lifestyle there Nomad :roll:

And *GASP* France says it will retaliate??!! WTF are they going to do... surrender? Fuck France.
 
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nomad

nomad

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Aaaaah if only you were around when VAT was introduced... 5% to 25% thats will make your eyes water on yer next pack of Depends there rumplstiltlskin
 

rumble phish

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Aaaaah if only you were around when VAT was introduced... 5% to 25% thats will make your eyes water on yer next pack of Depends there rumplstiltlskin
Umm, yeah I know what the "value added tax" is. :roll:

Buy American or shut the fuck up. How's that grab ya NowhereMan?
 
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