I appeared briefly on PRI’s The World earlier today to talk about the implications of France’s new tech tax, and the subsequent investigation by the US. Listen to it here.
Ultimately, France seems keen to make this the starting point for global tax reform, rather than standing alone (for now) in taking on this issue. Next month’s G7 meeting in Paris will be the next significant step.
Before that, though, eyes will now be on the UK, which has expressed interest in bringing in a similar tax. Will a country desperate to seal new trade deals for a post-Brexit world be as willing as the French to provoke the Americans?