Digital Service - Latest News Update, Information, Photos & Videos on Digital Service at Lokmat Times

The United States on Wednesday launched an investigation into the French government's decision to implement Digital Service Tax (DST) which will "unfairly target" American compes."On July 10, 2019, the United States Trade Representative (USTR) initiated an investigation under Section 301 of the Trade Act of 1974 of the Digital Services Tax (DST) of the Government of France," read an official statement.The Bill. which will be presented in the French Senate on Thursday, aims at imposing a 3 per cent tax on total annual revenue generated by some big compes which provide digital services to French users.In March, French Finance Minister Bruno Le Maire had said that his country is planning to impose a tax on the annual revenues of technology compes that make at least 750 million euros annually and provide services to users in the country, reported The Hill.The tax would affect multiple US tech giants, including Apple, Google and Amazon."The United States is very concerned that the digital services tax which is expected to pass the French Senate tomorrow unfairly targets American compes," US Trade Representative Robert Lighthizer said."The President has directed that we investigate the effects of this legislation and determine whether it is discriminatory or unreasonable and burdens or restricts United States commerce," he added.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Digital ServiceFOLLOW

Digital service, Latest News

Aurangabad :Transforming lives: UPI, mobile banking, and card payments revolutionize everyday transactions

Digital technology seeps even into rural areas: Transactions worth Rs 13 lakh crore VAIBHAV PARWAT Chhatrapati Sambhajinagar: In a ... ...

Business :How Small Finance Banks are driving digital financial inclusion

BusinessWire India Mumbai (Maharashtra) [India], June 15: In the rapidly evolving world of banking and finance, small finance banks ... ...

International :Digital Service Taxes discriminates against American companies, says US Trade Department

The US Trade Representative on Thursday (local time) said that the Digital Service Taxes (DSTs) discriminates against American companies. ...

International :US to probe France's plans to implement Digital Service Tax

The United States on Wednesday launched an investigation into the French government's decision to implement Digital Service Tax (DST) which will "unfairly target" American compes. ...