The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.
By William Horobin and Aoife White
Big internet companies have long been the target of complaints that they don’t pay enough in taxes. Fed up, France imposed a 3% levy on the digital revenue of companies that make their sales primarily in cyberspace, such as Facebook Inc. and Alphabet Inc.’s Google. Other countries also are targeting companies, most of which are American, that have multinational earnings that often escape the taxman’s grip. The U.S. isn’t taking this sitting down.
Read More International Tax News